Tag: improve cash flow

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SMEs guide to preparing for Christmas...

As the Christmas season starts to loom upon us, SMEs up and down the country are preparing for the most lucrative trading opportunity of the year. In the next few weeks, everyone will be rushing to buy their Christmas presents, businesses will have their highest demand of the year...

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Elderly home-owners increasingly targeted by identity ...

Extended families from multi-cultural backgrounds also at higher risk, while two-thirds of all identity theft victims are also...

Read More Elderly home-owners increasingly targeted by identity thieves
Paying bills late could be more damaging than you thin...

According to new figures, the problem of late payments straining SMEs finances is getting worse; being owed a total of £67.4bn in unpaid invoices, that’s up 8 per cent from this time last year (1). Between Q2 2014 and Q2 2015, the percentage of SMEs waiting more than 30...

Read More Paying bills late could be more damaging than you think
Don’t let petty cash wreak havoc in your company...

Mishandling of petty cash costs UK businesses £1.8billion a year, this amount of money could potentially employ an extra 72,000 people into the UK workforce. The biggest problem with management of petty cash was misplacing receipts, followed by 12 per cent of employees who blamed overly-complicated processes. Healthcare (17...

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Current account switchers top two million within two y...

More than two million bank customers have opted to use the seven-day account switching service within the first two years of the service's...

Read More Current account switchers top two million within two years of seven-day service launch
Seven tax breaks for SMEs...

Research and development (R&D) tax credits You are eligible for these reliefs if you’re: developing a new product/process; developing a product or process that already exists in an industry but the information to resolve the technical issue isn’t yet readily available or improving an existing product or process. R...

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7 business mistakes to avoid...

Insufficient research Before starting your new company and with so many brilliant ideas running through your head, take the time out to do some thorough research. Research the market that you’re looking to enter, it may be a good idea but is it a profitable opportunity? How many competitors...

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Dramatic increase in current account fraud...

Current account fraud almost doubles due to extensive large scale organised...

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Why dusting off dormant accounts is vital to safeguard...

It's a simple and straightforward process that could help safeguard life savings for years to come and ensure they continue to enjoy the protection offered by the Financial Services Compensation Scheme...

Read More Why dusting off dormant accounts is vital to safeguarding savings