Category

Financing

The financing channel looks at the different small business funding options available to start-up companies and established SME businesses looking to grow. Read a wealth of guides and tips to help manage your accounts and cash flow better, views on the future of business banking and where to source alternative finance.

British Business Bank increases small business support by 27pc

Government economic development bank supported over 89,000 start-ups and scale-ups with £6.6bn of finance in 2018-19 - an uplift of 27pc

Financing

Government Grants

UK businesses to receive £125m cash boost from Government

Government-funded body, Innovate UK, is providing £125 million to help businesses develop their ideas. Here's how to apply.

Accounting

How to change your small business accountant in 10 easy steps

There are many reasons why small businesses outgrow their first accountant. Here is a step-by-step guide if you want to change accountancy firms

Small Business Banking

Barclays rapped by UK watchdog over way it treats small business

Barclays has been censured by UK watchdog over its treatment of small businesses. Bank made smaller firms open account to access other products, says regulator

Accounting

Late payers to small business could be barred from public sector contracts

Some of the biggest Government outsources face being axed from public-sector contracts if they fail to start paying small businesses on time

Accounting

Government must halve late payments window to 30 days, urge experts

Government clampdown on large companies abusing late payments to small businesses do not go far enough, complain professional bodies

Business Loans

Merchant cash advance – the funding option that’s made for retailers

A merchant cash advance is an easy way for retailers to borrow against a percentage of what they take on payment cards. Repayments are pegged to sales you make via credit card.

Accounting

Large businesses could be fined for failing to pay SMEs on time

Government announces new £1m fund to help small businesses migrate to digital payments and invoicing, beefs up powers of Small Business Commissioner

Business Loans

Merchant cash advance – the funding option that’s made for retailers

A merchant cash advance is an easy way for retailers to borrow against a percentage of what they take on payment cards. Repayments are pegged to sales you make via credit card.

Accounting

Large businesses could be fined for failing to pay SMEs on time

Government announces new £1m fund to help small businesses migrate to digital payments and invoicing, beefs up powers of Small Business Commissioner

Small Business Banking

Virgin Money aims to increase SME banking market share by 40pc

Newly rebranded Virgin Money plans to have 300 relationship managers working in 40 businesses banking centres across Britain

Alternative finance

Small businesses receive a record £6.7bn in equity funding

Last year, the UK's small businesses received a record £6.7bn in equity funding, with regional VC funding on the increase. But SMEs are increasingly wary of investing in themselves, according to latest CYBG research

Financing

Investment community to focus on inclusivity and support

A new initiative aims to create an inclusive and supportive investment community, teaching and advising investors how to help the businesses they invest in.

Small Business Banking

Regional business growth – investors called on to narrow the gap

High net worth investors being called on to support small, growing and regional businesses and business owners looking for investment are the focus of a campaign by business backers.

Employing & managing staff

The importance of vocational rehabilitation services for SMEs

In Aviva’s latest SME research*, 57 per cent of employers surveyed agreed that nowadays employees expect benefits to protect against loss of income or earnings. What do you offer your people?

Partner content

What are the benefits of business broadband?

Business broadband offers a host of advantages over standard domestic connections, here’s why you should be considering an upgrade

Partner content

How should I select my business broadband provider?

As with any supplier, it’s important to do your research and ask important questions before you select a broadband provider for your business. But what are the must-have things you should take into consideration?

Business Technology

Future-proof your business communications set-up

Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings