What is VAT and Tax Finance?
Worried about an impending tax bill? Although you may be able to roughly predict it’s arrival and how much it may ask for, settling the demand on time can still prove challenging. This is especially true if you run a developing SME and need to spend the money elsewhere. Nevertheless, VAT and tax is part and parcel of running any business, with HMRC taking a tough stance of anyone who fails to settle their tax obligations on time. However, there is a way to keep the taxman at bay whilst ensuring you still have the ability to achieve your short and long-term goals. By applying for VAT and Tax Finance you could borrow the funds that you need without placing further stress upon your working capital. So if you need help coping with your business’ taxes, here’s what you need to know about VAT and Tax Finance.
Questions to ask when thinking about Overdraft Replacement
Although overdraft facilities can offer your business access to capital in an emergency, acquiring this form of finance from your bank has become harder in recent years, especially if you’re a developing SME. However, there is another way that your business can quickly receive the funds that it needs. Thanks to the Alternative Finance industry, you can solve this issue by with an Overdraft Replacement facility. Also referred to as Revolving Credit or Alternative Overdraft, Overdraft Replacements allow you to gain access to a Line-of-Credit (LOC) in order to instantly withdraw funds from a previously agreed allowance.
The Pros and Cons of Crowdfunding
If you run a startup or a developing SME, raising the funds that you need to achieve your short and long-term goals can be more difficult if you’ve got a limited trading history. That’s why a growing number of aspiring UK entrepreneurs are choosing to explore how Crowdfunding can help. Although this can be a useful way of raising funds on the back of external investors during the early stages of your business, it may not always be the most suitable solution available. That’s why, before deciding on Crowdfunding, you need to make sure that you’re fully informed about what this type funding may mean for your business. So to help shine some light on the subject, here are some of the pros and cons of heading down the Crowdfunding route.
Questions to ask when thinking about Vehicle Finance
For many businesses, having access to dedicated vehicles plays a vital role in their day-to-day operations. Whether you’re working in transport, construction, warehousing, haulage, catering or even in the veterinary sector, acquiring vehicles for your business is a major investment that can be difficult to handle on your own. So in order to receive access to the benefits that business vehicles have to offer, whilst minimising the strain on your finances, you could apply for Vehicle Finance. Applying for Vehicle Finance grants to you the ability to spread out the cost of acquiring business vehicles by allowing you to either buy or lease them over an agreed period. So if you’re thinking of applying for Vehicle Finance, these are just some of the questions you need to ask before submitting an application:
What are Crowdfunding Alternatives?
For many entrepreneurs, Investment Crowdfunding and Loan-based Crowdfunding (Peer-to-Peer) can be great for acquiring external funding from investors. However, although Crowdfunding can be used to scale or lay the foundations for a startup, it isn’t suitable for every business. If your business has grown too big or obtaining the funds that you require is proving too challenging, there are plenty of Crowdfunding Alternatives available. Crowdfunding Alternatives provides you with a number of different ways to obtain the funds that your business requires, and are compatible with a range of financial situations. So if you’re looking for an alternative to crowdfunding, here’s what you need to know:
When is the best time to think about Inventory Financing?
For many businesses operating across a number of UK sectors, inventory is an invaluable resource. If your business operates around the sale of stock, supplies, ingredients and raw materials to customers, living up to their expectations can be a daunting task. Without them your business may not be able to operate, whilst acquiring them through your own finances could add to operating costs and possibly push you towards negative working capital. However, Inventory Financing can often provide a much-needed pillar of support in the form of a Line of Credit (LOC), granting your business access to a monthly allowance from a lender-controlled facility. So, if you require assistance in managing your business’ inventory, here are 3 of the most commons reasons for applying for Inventory Finance:
Benefits of Startup Loans
Running and growing a startup can be an exciting step in your career path. However, it’s not without its challenges. As well as making sure you have a clear vision and a concise business plan, you also need to ensure that you have access to sufficient amounts of cash to back it up. This is what can make or break your business. Although it can be tough, acquiring the funds that you require can be achieved, providing you know how. By applying for a Startup Loan you could receive the funds that you need to grow, refine and push towards a brighter future. So if you’re running an emerging startup business but need some extra cash at your disposal, here’s how applying for a Startup Loan could help.
5 super easy tips for staying on top of your business’ cash flow
For your business to grow and push towards a brighter tomorrow, maintaining a healthy cash flow is vital. It is the lifeblood of any business and without it, your ability to function and compete each day will diminish. Although cash flow generally tends to fluctuate, if it drops for a sustained period, or your expenses have risen beyond what it can handle, this could spell trouble. However, you can turn things around. If you’re worried about your business’ Cash Flow and want to do something about it, here are 5 super easy tips to help.
Questions to ask when thinking about Bridging Loans
Before applying for business finance, you need to be sure that you’re choosing the right product for both your goals and your current financial situation. Although external funding is an invaluable resource that helps your business progress through each stage of its development, getting the sums you need can be difficult, especially at short notice. This is where a Bridging Loan can prove useful. With a Bridging Loan, you could receive a large lump sum applicable for a wide range of purposes in as little as 48 hours from applying. However, to assess whether a Bridging Loan is the right option for your business, you need to consider every aspect of the product carefully. So before entering an application, you need to be sure you understand:
How to maximise the potential of your business with digital technology
As technology continues to develop and evolve at an exponential pace, we are seeing more and more how society in general and the way it does business is changing. From cashless societies like China and Sweden and the progress towards fully automated vehicles to EMV chips inside everyday items like mobile phones, keyrings and pens, the role of technology in the world is growing all the time. But the question on many small business owners’ minds is how can you harness the power of the tech revolution to give your business a competitive edge? Whether you’re big or small, technology adoption is something that every business needs to consider, if you aren’t already. So to get you started, here are just 5 ways of the many ways in which you can maximise the strength and potential of your business through technology.
How motivated is your workforce?
Working as hard as you could be? In order to keep on providing a high-quality service to your customers, sometimes you must step back and take a good look at the inner workings of your business. If your business’ performance isn’t...well, performing...as well as you’d like, the issue could lie with your employees. If your workforce is suffering from a lack of motivation, it can have a knock-on effect on your operations, leading to a loss in productivity and, even, higher operating costs. But rather than getting annoyed and making things worse, think about what you can do to raise everyone’s spirits. In order to give you some inspiration, here are some useful tips to get you started on the road to recovery.
Benefits of Inventory Financing
To make money you need to spend money. This is especially true when discussing your business’ inventory. Keeping your customers satisfied with what your business has to offer is crucial, so ensuring that you have the ability to acquire more stock and refresh your inventory according to seasonal trends is vital. But, if your business is operating on a tight budget, achieving this goal on your own isn’t always easy. That’s why more and more business owners are exploring the benefits of Inventory Finance. Inventory Finance offers you a line of credit that helps your business bring in fresh stock and raw materials that can be sold and converted into cash. So if your business operates in sectors such as retail, catering, manufacturing or textiles, here’s what inventory finance has to offer.