Understanding Bridging Loans

A rather common question that is asked by many who are new to the concept is, “What exactly can you use bridging loans for?”

Five things to Consider before Applying for Development Finance

This week, we shall be discussing the five important questions you will need to ask yourself before choosing to give your development finance application the go-ahead. In the right circumstances, development finance can truly save the day. However, just as with all other forms of financial products and services, it is extremely important that you know exactly what you are getting yourself into.

The Rise of the Flexible Workspace

As we are living in a society that is forever changing, business workspaces are equally subject to change as well. This often correlates with technological advancements. It is traditional for offices to work on a set allocation of space for teams or individual employees. In recent years, however, we have seen the rise flexible workspace as an alternative solution.

Planning an Exit Strategy for your Small Business

If you own a small business, or you own shares in someone else’s small business, it is likely that you have at some point pondered how and when you will decide to sell up and move onto your next project. The exit strategy process can be approached in many different ways. Finding out which is the correct path for you can be difficult. This week, we will be talking about the best exit strategies are available.

The Latest Increase of the National Minimum Wage and National Living Wage

Last month saw the jump of over 2 million people receiving a pay rise after the national minimum wage increased once again. The minimum wage has increased for all hourly rates. This includes apprenticeships, which have gone up by an extra 20p per hour. These new rates have come into place following a pledge by chancellor Phillip Hammond to increase wages in November.…

Starting up a Small Family Business

Choosing to start a Small Family Business is feasible alternative to starting a small business on your own, and it is easy to understand why many people choose to do it. For one, you will already know your business partners, which means, trust is a given. This will provide your small family business with more stability than a non-family business, and there is usually more flexibility with job roles. This makes the idea of running a small family business an attractive option for many.…

12 Financial Mistakes Made by Most Entrepreneurs

Believe it or not, even the most successful entrepreneurs often make mistakes with their accounting that could potentially leave them out of pocket or damage their company. This week we shall be discussing these mistakes made by entrepreneurs to ensure you know what to avoid with your small business.…

Writing a Successful Business Plan

Business plans are not just useful for finding funding for finance for a start-up business. A business plan can help monitor performance, prevent poor decisions and mistakes, and keep the start-up business on track for achieving long-term goals.…

Starting a Business at the Right Price

When it comes to starting your own business, setting prices is one of the most important challenges you may face. Your prices have a lot to save about the value of your product or service, so you need to make sure that what you are charging is fair. The right price gives you the opportunity to create a platform for success. Get it wrong, however, the implications for your sales, cash flow and profitability can be quite rough.

Keeping a Healthy Cash flow in 2018

Money is the necessity of your business, meaning all financial obligations is forever ongoing and your constant attention is needed. It’s important to keep yourself reminded of what you can do in order to keep a healthy cash flow throughout the year, and if you’re in the middle of a start up, it’s important to make note of these things to keep an eye on for the future.…