Tower News & Blog
How can companies afford the investment in electric vehicle charging solutions?
Since the UK government announced plans to phase out petrol and diesel cars by 2030 to businesses who own fleets of vehicles, business owners are under pressure to replace their fleets with electric cars. This move will be costly because as well as buying the cars,...
How can small businesses manage their cash flow?
As a small business owner, you'll be constantly thinking about your cash flow. However, there are ways to make the whole process smoother, such as forecasting, saving and implementing cash flow software. Below, our experts have compiled some tips and tricks to help...
Looking to move or refurbish your office? How fit-out finance can help
Whether you're moving office or simply refurbishing your current space, several financial considerations need to be taken into account. This can be an expensive process, so you may want to consider a fit-out finance plan to help manage these costs. Carry on reading to...
Have you been refused a bank loan? Here’s what to do next!
Have you just been refused a bank loan? Are you stressed about what to do next? Don't worry! We've provided a guide to help you figure out why you have been refused a bank loan and what active steps you can take to remedy the situation. Find out why your loan has been...
Can alternative financing support an SME’s cash flow?
SMEs (small and medium-sized enterprises) hold up much of our UK economy. Sources show that in 2019 – despite the economic uncertainty that we saw at this time – 5.9 million SMEs were operating in the UK. Whilst a lot of these businesses may be thriving, some need...
How SMEs can transition from offline to online
The pandemic has forced brick-and-mortar SMEs to transition to the eCommerce space. With more and more customers choosing to shop from the comfort of their homes, this change is necessary for businesses that want to survive these harsh economic times. So, how do you...
How small businesses can prepare for the holiday season
SMEs have faced unprecedented challenges over the past few years. However, with the holidays right around the corner, this is the perfect opportunity for you to boost sales and increase revenue. Here are three tips to help you prepare your business for the holiday...
4 business expansion mistakes entrepreneurs should avoid
While expanding your business is a step in the right direction, it can be a scary process. One mistake could cost you your entire business, but if you’re lucky, it could also be just another learning step. This blog will be looking at some of the pitfalls to look out...
How technology resellers can deepen client relationships
As a technology reseller, strong and positive client relationships are essential to your business. Customers will be more likely to purchase recommended products or custom products that you have built if they trust you and respect your expertise. Below we list some...
Equity financing vs debt financing
To raise capital for expansion and other business needs, companies have two financing options; equity financing and debt financing. Each option carries its pros and cons, so businesses need to understand what they are getting into before choosing one over the other....
5 things small businesses should spend their profits on
As a small business owner, there is no greater joy than seeing your business record profits. However, how you choose to spend these profits will change the trajectory of your business, so it is crucial that you use them wisely. Here are five ways you can spend your...
3 ways businesses can prepare for business growth
Every business owner wants to see their business grow. Business growth signifies that your venture is doing well, and it can lead to greater profits in the future. That said, growth is risky and needs proper planning. Here are three ways small businesses can prepare...
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