Tag: minimise risk

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Don’t underestimate the start up costs you may f...

The number of businesses starting up in the UK is increasing year on year, with over 350,000 start-ups already launched this year (1), it is expected to surpass 2015’s figure of 608,110 start-ups(1). With the many advantages of being a business owner, it’s no surprise that many are looking...

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What are the challenges currently facing SMEs?...

In a rapidly changing world and volatile economy, businesses need to be aware of the challenges they are current faced with. They may not have an entourage of consultants to advise them on how to deflect these challenges but at the same time, they have the advantage of being...

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Top tips to safeguard security when plugging in to the...

We're offering advice for both businesses and individuals to help them improve security and manage the risks that come with using internet-enabled products - also known as the Internet of Things...

Read More Top tips to safeguard security when plugging in to the Internet of Things
SMEs losing more than £9bn in invoice fraud...

UK small and medium sized businesses are losing more than £9 billion from invoice fraud every year, this amounts to £1,658 per SME, research by Tungsten Network shows. Of those that have been affected, one in six firms believes fraud has cost them more than £5,000 in the last...

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Knowing your customers and suppliers can help prevent ...

Knowing your customers and suppliers’ financial status is important. If you give or extend credit to customers, or your operations rely heavily on a few suppliers, their cash flow and operational problems can quickly become yours. Whether you’re about to build a new relationship or have been in business...

Read More Knowing your customers and suppliers can help prevent cash flow problems
SMEs Under Threat – Data breach and the true cos...

Our third annual data breach preparedness study highlights a real lack of understanding among SMEs when it comes to quantifying the true cost of a data...

Read More SMEs Under Threat – Data breach and the true cost of poor preparation
How to build a healthy commercial credit score...

Your commercial credit score could be one way in which lenders and other companies you do business with assess your financial stability and set payment terms for you. Your commercial credit report says a lot about your business, determining how you appear to other companies and could be a...

Read More How to build a healthy commercial credit score
2015 saw a record number of start-ups in Britain but t...

2015 saw a record number of start-ups in Britain, 608,110 companies were registered with Companies House, an increase from the 2014 figure of 581,173. The figures for 2016 are on course to beat this even more with over 145,000 business start-ups by mid-march already(1). This isn’t surprising as a...

Read More 2015 saw a record number of start-ups in Britain but the plague of late payments shouldn’t be forgotten
Do you require a one-off business credit report on you...

You may require a one-off copy of your business credit report because you’re curious about your score, or you’ve been turned down for credit and want to know why. But have you ever considered the additional benefits that having 24/7 online access to your business credit report, over a...

Read More Do you require a one-off business credit report on your business?