Category

Opportunities

This section provides the latest UK News on government initiatives and changes in business strategy and management that create new opportunities for Small businesses.

Small firms warned to pay on time

Paying suppliers late is unethical and can seriously damage your reputation, according to a survey conducted by the Better Payments Practice Group (BPPG).

Opportunities

Opportunities

Business planning key to conserving cash

Businesses that fail to seek advice on business planning are six times more likely to need additional funding within 36 months of operating than those who seek professional advice, according to a survey from business planning software provider Palo Alto.

Opportunities

Fulfilling your financial obligations

Your financial obligations will vary depending on the type of company you have, and your turnover.

Opportunities

VAT amnesty for businesses

Firms trading above the VAT threshold but yet to register are being offered the chance to avoid penalty - providing they sign up by 30 September - under a new scheme launched by HM Customs & Excise.

Opportunities

Finances fall short for firms in deprived areas

Firms in deprived areas of the UK are likely to receive lower loans than their counterparts in more affluent regions, according to research into small business financing by the Bank of England.

Opportunities

The facts on direct debits and standing orders

There are a few differences between standing orders and direct debits, which are mainly to do with the way the systems are set up and how the money is taken.

Opportunities

New loan scheme to fund your business

A not-for-profit bank has opened in East London to provide financing to sole traders and micro-businesses (those with fewer than 5 employees), which do not usually qualify for loans from mainstream banks.

Opportunities

Improve your credit management system

Small businesses are leaving it too late to take action over cash flow problems, according to the Better Payment Practice Group (BPPG).

Opportunities

Get your forecasting right!

Forecasts are essential for your business. They are the basis on which you raise money, negotiate premises and order raw materials.

Opportunities

Learn the basics of financial management

Poor financial management is costing Britain’s small businesses £1.5 billion a year, thanks to a lack of basic financial know-how.

Opportunities

Interest payments delayed on SME accounts

Gordon Brown’s plans to make high street banks pay interest on small business current accounts have been delayed for six months.

Opportunities

Guide to giving credit

A new guide on how to run credit checks has been published by the Better Payment Practice Group (BPPG) to help reduce one of small businesses’ particular headaches, late payments.

Opportunities

Government investment grooming for small firms

New projects were announced last week by the Government to provide access to "high quality management and financial expertise" for small businesses with high-growth potential.

Opportunities

Small businesses condemn National Insurance rises

Small business groups have expressed concerns about Gordon Brown’s plans to increase National Insurance Contributions (NICs) outlined by the Chancellor in the Budget.

Masterclass Series

Open Banking

Simon Cureton, CEO of Funding Options, explores the benefits of Open Banking for small and medium-sized businesses

Partner content

PayFit raises €254M to continue transforming in-house payroll for SMEs

Now valued at €1.82B, PayFit aims to strengthen its position in its current markets

Masterclass Series

Green finance

Simon Cureton, CEO of Funding Options, walks us through the 'green boom' in eco-friendly businesses along the growth of green finance

Masterclass Series

The funding landscape

This article from Tracc looks at the changing funding landscape and how business owners can improve their chance to secure funding themselves