Tower News & Blog
A guide to operating lease agreements
Whether you have been trading for many years or are just starting out, there is always a risk that your essential equipment could need replacing. There are many options for financing the new equipment, with many businesses choosing an operating lease agreement. This...
Small business cash flow management tips
Cash flow management is essential to the success of small businesses. Cash flow refers to the amount of money that is coming into, and going out of, your business. If the amount of money coming in is greater than the amount going out, you will have a positive flow and...
Where can I find good business advice and support during the coronavirus lockdown?
Sole traders, small businesses, and SMEs are the very backbone of the UK's economy, and the 2020 Covid-19 pandemic is creating misery and worry for business owners of any size. Whether you run a business that's had to shut down due to coronavirus or your entire...
Technology options for remote workers during the coronavirus outbreak
Many businesses across the country are required to enable their workforce to work from home remotely. There are many aspects to consider in terms of technology, with businesses looking for the most cost-effective options, at a time when cash flow is reduced. To help...
Top tips for getting your small business through the coronavirus crisis
Every company, be it large or small, is going through a period of major unrest. The coronavirus crisis has swept across the world, causing billions of people to be confined to their homes, and leaving millions of business owners to simply shut their doors, and hope...
The best small businesses to launch during a lockdown
As COVID-19, colloquially known as coronavirus, spreads around the world, numerous countries have closed their borders. Within individual nations, further lockdown measures have been instituted. Certain states in the US have implemented a 'shelter at home' policy,...
Tower are here to support your business
In light of the developing COVID-19 (Coronavirus) situation across Europe and globally, Tower would like to reassure you that we remain committed to working with you to ensure we can best protect our businesses together. At Tower, we are currently working remotely for...
Easy way to finance the expansion of your cleaning business
Although cleaning contract business owners do express concerns about the UK economy, and uncertainty regarding our departure from the EU in December 2020, expansion is still a viable opportunity. One of the main reasons for this is the high number of current...
Planning to expand your vending business? Find finance solutions that work
There are lots of ways to source finance for business expansion, particularly when you already own valuable equipment and run a profitable business. If you are planning to expand your vending business into the big time, these finance solutions could be the way...
Leasing vs. buying agricultural machinery
When operating an agriculture business, every decision you make is important, and everything you decide to spend money on matters. It is, therefore, essential to think about what you need to purchase outright so as to ensure your company can thrive, while also being...
Three key budgeting tips for SMEs in 2020
When you are running – or thinking about running – a small business, it is absolutely essential that you consider costings, what you can do to minimise spend, and how you will survive should you encounter a financial shortfall of any kind. Planning ahead is not always...
Signs that it’s a good time to grow your business
Everyone wants to grow their business in the future. You may have noticed a significant rise in your sales, making you think that you need to expand. Expanding a business is an action that a business owner should take after carefully assessing the market. If your...
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