For small businesses, January can be a tricky time – it’s usually a quieter period after the festive rush, which ultimately means managing cash flow from the beginning of 2017 will be key.
More businesses are prioritising growth – 62 per cent of mid-sized firms viewed it as a high priority in 2015-16, up from 46 per cent the previous year. External investment is often key to that growth.
With many entrepreneurs facing a UK funding gap to cross before they can launch their business, friends and family have been responsible for lending £7.2bn worth of investment to their loved ones.
Many a report has delved into the desires of the FD and CFO, but have you ever thought about what the career aspirations of young finance professionals today are?
Ahead of the Autumn Statement, prime minister Theresa May has promised to deliver government investment of £2bn a year for research and development (R&D), while she also highlighted the modern Industrial Strategy and Brexit plans.
In the payments world, cash is very much in the shadow of electronic transactions when it comes to money management. It currently stands behind newer, shinier electronic payment methods, which hog the limelight – and the headlines.
Looking closely at some of the potential impacts of Brexit on the alternative finance market, and they could be catalysts for crowdfunding campaigns across the UK.
CFO Research and Prudential Financial have found that FDs view the financial wellbeing of staff as an important component of corporate performance.
Prosecco mixer brand Drunken Berries has been named the first business to hit its investment target through the Tesco BackIt crowdfunding scheme, which launched in September.
Brexit doesn’t seem to be dampening venture capital appetite, as Venture Pulse unveiled that the number and value
of deals increased in Q3 2016.
Despite research showing investment banks are putting money into tackling staff wellbeing, just 18 per cent of employees say firms have a positive attitude to mental health issues – and thus regard it as a taboo topic.
The financial services sector is broken. However, it is not broke. It still generates enormous revenue, but it does so within a system that is quickly becoming unsustainable.