Financial worries are keeping SME owners up at night. Faced with a host of daily challenges, ranging from meeting the needs of customers and employees to securing new business and managing cash flow.
Did you know certain business expenses are eligible for tax relief? Here we unveil the most common types – and how to claim them.
Bringing you some quick-wins tips from our latest eBook, we at SAP Concur want to help your business make its expenses process easier for everyone involved.
The SME market boom demands that those relying on a fleet are able to upscale operations to keep up with the competition. However, this means greater spend on fuel. FLEETCOR’s Thore Vestergaard gives advice on mitigating these additional costs.
More than half of new UK businesses don’t survive beyond their first five years and while SME owners will readily blame the tax system, lack of bank lending or late payments, often the failure is down to something much more basic – bad financial management.
As all SMEs know, cash is king, and managing spend is crucial.
If you’re a decision maker looking at automating your expense or invoice processes, you probably want cold, hard evidence that it’s the best thing you could do for your business. Cold, hard evidence like the return on investment you’re likely to see.
Reclaiming VAT is worth doing – if your business is entitled to money, why wouldn’t you claim it? Initially it might seem like a headache, but with the right know-how and the right tools, it could help your bottom line.
As your business scales up, your business processes need to be able to scale with you. Here’s how to get a handle on your expense and invoice management.
While technology has made travelling easier, it can cause a headache for finance departments. Fortunately, there are ways to overcome these hurdles.
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.
I don’t want to panic you, but we’re already 18 days into the new year, and while some may already be breaking their New Year’s Resolutions – others may be yet to make them!