According to Ann Jones, MD of Europe at VAT IT, the current VAT rise – a consequence of leaving the Customs Union – will push the cash flow of UK businesses to breaking point. However, these issues are being hidden behind the main Brexit headlines.
New research has shed further light on the late payments issue having an adverse affect on British enterprise, with 11 per cent owed more than £100,000.
Now 13 series old, BBC TV show The Apprentice needs a shake from up Alan Sugar to better fit with its entrepreneurial leaning and investment prize.
As much as we love Christmas, it can be a challenging time for small businesses. For some it is a peak period of the year. While this seems like a great thing on the surface, it actually throws up all sorts of issues to be dealt with by over-stretched management teams – and could lead to a cash flow crisis.
While revenue, profit and costs are all equally important, your cash management, in terms of your daily, weekly, monthly trading, is what keeps your company afloat. Ignore it at your peril.
With staying on top of your company’s cash flow such a crucial job, Concur’s Lara Edwards explains why a travel and expense policy can really help out.
It’s the stuff of economic nightmares, but this week’s interest rate rise brought it a step closer to reality. When banks increase the interest and charge for loans and overdrafts, thousands of zombie companies could be pushed into insolvency.
In the early days of a business, it is easy to keep track of who’s spending what, but as you scale up expenses becomes an evolving challenge.
Prasanna Kulkarni, founder and product architect of Comparesoft, explains how small business owners can best manage their cash flow by leveraging their assets.
In a market dominated by new entrants, Starling Bank has followed up what it it called Britain’s first mobile-only current account with a business offering.
Scaling up overseas can come with challenges, but here’s a checklist to ensure you have the right global support.
Anthony Persse, director of strategy at Ultimate Finance discusses the potential solution to late payments, which keep plaguing SMEs.