Tower News & Blog
Which loan suits you? Secured vs Unsecured loan
When getting a loan, you will probably be required to settle on a choice between borrowing a secured loan or an unsecured loan. How are the two different? Here is the clarification and some tips that will help you choose between the two. A secured loan is associated...
Business start-ups: flexible leasing can save you thousands!
One of the major risk factors when starting up a business is uncertainty over the market. Even with research, planning and testing, the market still has the capacity to throw up some unpleasant surprises: an over-supply; a change in the economy; seasonal or cyclical...
Turned down for a business loan? Now what?
It is a simple fact of life that sometimes bad things happen to good people. If you have found that your bank has turned you down for a small business loan, you may be contemplating throwing in the towel, or if you’re of a more temperamental nature, throwing something...
FSB claims that lack of SME financing is hampering growth
With Brexit just around the corner, UK businesses could well be set for a shaky few months. The economic landscape is liable to be turbulent, to say the least, and for small businesses, that could spell disaster. And, if the latest report by the Federation of Small...
Tax credits for research and development
Are you missing out on research and development tax credits? A lot of companies are eligible to claim back thousands of pounds from HM Revenue & Customs (HMRC) in the form of R&D tax credits, yet they don’t realise it. To ensure this does not happen to you,...
Why you’re selling and still not making profit
When you establish a startup, you hope it will offer a return that will allow you to live the lifestyle you want. However, there are times when you’re making sales but you aren’t making a profit. This can be disheartening and perplexing. Here are some of the more...
Tax-saving tips for small businesses
There are many companies that are paying more tax than they need to be. With that being said, read this article on tax-saving tips for small businesses to discover some top tips on how you can reduce your tax bill. Pay yourself efficiently You need to ensure you pay...
3 key signs your business is due for expansion
Business growth is the sign of a healthy operation. But how do you know it's time to focus your attention on your business expansion? Expanding your business requires thought, time, and money to be invested - you want to make sure you're doing it at the right...
3 key ways to make your startup stand out from the crowd
Standing out from the competition is an essential component of small business growth. There are many ways to make your startup business stand out from the competition. If you want to be successful, it's worth investing the time and effort to differentiate yourself....
Top tips for improving small business cash flow
As a small business, cash flow can be one of the most difficult hurdles to clear. Keeping a steady stream of money flowing through your business every month at a reliable rate is difficult. Doubly so when you're faced with the multitude of other distractions that come...
Why winter is the ideal time for business expansion for seasonal businesses
As we continue to head towards the end of the year, the dark and the cold will have a significant effect on all businesses, as people will be less inclined to shop and buy in these conditions. The impact will be felt most by businesses geared to operating in the...
Mistakes to avoid when your business is trying to expand
All SMEs look to expand at some point. Successful expansion means greater revenue, more staff, a greater outreach, and more brand recognition. While there are many potential benefits of a successful expansion, expanding in the right way can be a challenge, especially...
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