Good money management skills are important for the long-term health and success of any business. SMEs don't have the same leeway as large corporations, making it even more important for them to manage their money properly. Below are six tips to help SMEs manage their...
The Government announced a super-deduction tax in their 2021 Budget that will encourage firms to invest in productivity-enhancing plant and machinery assets that will help them grow, and to make those investments now. Since the Covid-19 pandemic, existing low levels...
Ensuring that you have sufficient capital to finance your start-up or small business is a priority for many entrepreneurs. If you need money to start a new business or your current business is suffering from cash flow problems, taking out a loan can be one solution to...
Seasonal fluctuations impact sales across various industries. As a small business owner, you must learn to adapt to these changes in order to remain profitable throughout the year. Here are a few tips on how you can overcome seasonal fluctuations. Plan ahead Most...
Business loans are a great way to fund your business and solve short-term cash flow issues. They allow you to take advantage of opportunities that will grow your business and put you in a stronger financial position. That said, many people are hesitant to take loans...
Cash flow is a key component in understanding how your business is progressing financially. As a term that refers to how much money a business is earning and how much it is spending, it is crucial to monitor cash flow to help your SME succeed. Cash flow differs to...