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3 signs it’s time to make a large business purchase

3 signs it’s time to make a large business purchase

Many small businesses are often hesitant to make large business purchases, as they are fearful they are making a large purchase prematurely or the purchase won't positively impact their business. For example, a farmer may be considering a new piece of agricultural...

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How can SMEs avoid making redundancies?

How can SMEs avoid making redundancies?

No SME owner wants to make redundancies, but sometimes it can seem like the only option. Situations such as the Covid-19 pandemic put a strain on small and medium businesses and mean that business owners have to make difficult decisions. However, making redundancies...

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What to do if you are refused a bank loan

What to do if you are refused a bank loan

Being turned down for a bank loan as a business owner can be a very frustrating experience. If you are a start-up or SME this can be especially disappointing, as you may need the money to invest in your business. When you are refused a bank loan, there are steps you...

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Top tips for managing your tax returns

Top tips for managing your tax returns

Running a small business can offer you freedom and control over your finances. However, the downside is that you'll need to pay your taxes each year by filling out a Self Assessment tax return to HMRC. You can receive a penalty of £100 if your Self Assessment is up to...

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Is it time to expand your business?

Is it time to expand your business?

For some business owners, expansion can seem like a daunting and stressful task. Becoming too comfortable with your current business set-up can inhibit your chance to grow, which could hinder your profitability. Here are some things to consider if you think it may be...

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Small business cash flow mistakes to avoid

Small business cash flow mistakes to avoid

No matter how great your business idea is, if you can't manage the cash flow of your company, your business could be in danger. In this blog, we'll be taking a look at 3 small business cash flow mistakes to avoid. Impulse spending during the early stages A common...

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