Brexit is causing a lot of concern for many people, SMEs included. The best thing businesses can do amongst all the uncertainty is to get their finances ship-shape, here’s how to do it including the safest ways to borrow money to fund the business through the rough seas.
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.
Dwindling growth prospects and business confidence is leading to increased financial distress amongst the UK SME community, new evidence shows.
Before the FD Surgery 2017 officially commenced, Real Business held a series of exclusive roundtable discussions for intimate insights from financial heads, one of which concentrated on employee spend.
When it comes to running a business, working capital is crucial, but how does one set out to find out the true wellbeing of the finances?
Simon Jones, founder of Hidden Value Partners, is a numbers man by trade but advises an approach that means listening to a company’s people just as much.
In just a few weeks’ time businesses up and down the country will be preparing for the Christmas downtime, and while it may be tempting to enjoy the quiet period while it lasts, now is the perfect chance to reflect on the last 12 months and plan ahead to the New Year – especially when it comes to getting your finances in order.
The on-demand workforce – a term that has emerged in recent years to define independent contractors for disruptive digital services such as Uber and Deliveroo – is predicted to more than double to over six million by 2020.
Time and time again it’s been proven that small and medium-sized businesses with a firm grasp of cash flow have a better chance of succeeding. As such, we heard from three firms which have done just that to find out what techniques were employed.
Stefan Foryszewski, Tungsten Corporation’s executive vice-president, provides insight into the world of artificial intelligence and reveals why it is a key weapon the in the fight against accounting mistakes – both big and small.
With evidence showing that fraud is committed by employees at every level of the business, expert Aziz Rahman outlines the steps you can take as a business owner to make sure you are not stung by fiddled expenses or diverted funds.
In a survey of British consumers by a money-saving website, Sainsbury’s was identified as the most at risk of going under – an eventuality the majority believe will occur in less than five years.