News Centre

Accessing business finance – a few vital steps

Various studies have suggested that more SMEs plan to access finance in 2014 to drive sales and profit margins, but what is most important when looking for funds?

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GAME changer for rent in administration

How apt these definitions seem now the Court of Appeal has restored what, to many, is the equitable position, overturning the High Court decisions in Goldacre (Offices) Ltd v Nortel Networks UK Ltd and Leisure (Norwich) II Ltd v Luminar Lava Ignite Ltd. In short, tenants who now continue to trade through an administration process are liable for rent accruing on a daily basis and must pay from the outset, regardless of which side of the rent quarter date the administration process starts. No more 3 month rent free periods for administrators attempting to rescue businesses.

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Why ‘smart’ recruitment is so important for businesses

Throughout the recession the job market fell flat as many companies were simply not in a position to recruit new staff.

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What can be done to save the British high street?

There was once a time when the high streets of towns all across England were the thriving hubs of the community, but that has changed considerably over the years.

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Relying on social media to promote business

Developing a business revolves around building a customer base and it seems more SMEs than ever before are turning to social media to achieve it.

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Late payers owe SMEs nearly £55 billion

Late payments to businesses in the UK have more than doubled since the summer of 2013, with SMEs now owed almost £55 billion.

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Manufacturers look to home in bid to boost profits

Many small and medium sized enterprises are bringing the manufacturing aspects of their businesses back to the UK to cut costs and improve quality.

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Accounting boosts for businesses ahead of new tax year

Small and medium sized enterprises in the UK could save time and money in the next tax year by adopting a simpler approach to accounting.

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Could business rate reform boost the UK economy?

Potential business rate reforms could have a major impact on companies across the UK, especially those with tight financial constraints.

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The importance of having a mobile-optimised website

A lack of mobile-optimised websites could mean UK SMEs are missing out on £77 billion in annual revenue, according to a recent survey.

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A quarter of SMEs turn to payday finance – but are there alternatives?

The latest research suggests that more than half of SMEs would not consider approaching a bank for finance, while others were even considering payday finance as a solution.

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Business optimism at 22-year high

Optimism among UK businesses is at its highest level in 22 years, according to a survey from business consultants BDO.

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Economic growth of 2.5% predicted for 2014

In a boost for companies across the UK, economic growth of 2.5% is predicted for the coming year.

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Is community finance a viable alternative for businesses in need of funding?

It would appear that many of the high street banks are getting set to abandon the levels of support on offer for many small businesses.

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The importance of advertising to small businesses

For businesses of any size, being successful depends on building a reputation as a recognised name in any specific field.

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SMEs express concerns over cost of business

High business rates and the cost of utilities are the biggest concerns for SMEs in the UK, according to a recent study.

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Why it’s NOT essential for start-ups to rush things

The common misconception is that all start-up companies need to raise money fast, but in truth this is not always the case.

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SME credit a point of concern following BoE figures

Business lending in the UK fell by almost £2billion in December, according to the latest figures from the Bank of England.

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How SMEs can use exports to prevent financial woe

The initial stages of an economic recovery are currently underway, and confidence among British businesses appears to be soaring at present.

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Business rate changes can positively impact thousands of companies

The government has paved the way for a set of radical business reforms that could see an overhaul of business rates and wide-scale infrastructure investment.

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