Tower News & Blog
How to avoid standard business mistakes
When you're going through the day to day running of your business, it can often be difficult to get everything right. You might miss a bit of paperwork or forget to complete an invoice, but the perfect combination of mistakes can be catastrophic to any business. Here...
6 day-to-day money management tips for SMEs
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...
Super Deduction Tax
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...
Secured vs unsecured business loans explained
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...
How small businesses can deal with seasonal fluctuations
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...
5 tips on how to pay off your small business loan
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...
4 reasons why you should prioritise cash flow as a small business
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...
4 practical strategies to help businesses improve cash flow
If you are a business owner, then you already know how important cash flow is. Good cash flow allows you to run and grow your business successfully, and it also helps attract investors. The key to improving your cash flow isn’t just bringing in more cash, but also...
4 smart money habits small business owners should adopt
Many successful entrepreneurs attribute their success to good financial habits. When starting and running your business, how you approach your finances could determine whether it fails or succeeds. If you want to see your business grow, here are four smart money...
3 ways SMEs can improve their financial security
Ensuring a healthy cash flow is essential for any business, but especially for smaller businesses. SMEs have numerous options available to them if they require a cash injection. Here are three ways SMEs can improve their financial security. Asset finance Asset finance...
AFPA Trust Tour of Britain 7-13th May 2021
Tower Leasing are proud sponsors of Stage 1 at The First AFPA Trust Virtual Cycle Tour of Britain organised by Mark Lyons , Mark Lyons Recruitment. Raising funds for The Christie Charity . "The charity helps delivers projects, equipment and improvements that are over...
5 financial mistakes that could cost you your business
Every business owner’s dream is to see their business succeed, but unfortunately, many SMEs don’t even survive their first year. This is because entrepreneurs make financial mistakes that allow their hard-earned money to leak away. In this blog post, we will be...
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