Late invoice payments are killing SMEs


Ask ten small business owners to name the most important thing their business needs to do in order to thrive, and you will get ten different answers. Some will talk about innovation, some about understanding customer needs, and others about delivering a value proposition. Yet there is something more fundamental that is common to them all. And that’s getting paid.

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3 ways to fund business VAT and tax bills

Yes, it’s inevitable that businesses have to meet their tax and VAT obligations, but it is a familiar feeling for business owners in January and April when there simply isn’t enough cash in the coffers to settle their tax bill.

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Open banking – an introduction


What is Open Banking?

Open Banking is a set of software standards and industry guidelines that aims to drive competition and innovation in UK retail and business banking. Good news for small businesses and consumers!

It is governed by the Competitions & Markets Authority (CMA).

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Support for businesses affected by Carillion collapse

The collapse of construction giant Carillion has impacted upon thousands of small business suppliers and sub-contractors.

This week’s news that Carillion has gone into liquidation will have an immediate impact upon suppliers who are owed money or who are currently working on Carillion projects. It will undoubtedly mean impairments for those small businesses, but more pressing is the negative effect it will have upon cash flow, causing severe difficulties for many.

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Skills shortages to be biggest barrier for SMEs

Today the British Chambers of Commerce (BCC) has published its Q4 2017 Economic Survey – Britain’s largest and most authoritative private sector business survey – based on more than 7,000 responses from firms across the UK.

The report shows that growth in the UK economy remains subdued, with almost all services indicators down since the EU referendum, and the strong performance of manufacturers has eased slightly.

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Compare business finance the easy way


Gym membership, spas & hotels, flights, smart TVs and new phones – these are just some of the purchases many of us will compare prices for. If I find myself in a shop looking at something expensive like a TV, 9 times out of 10 I will also check online to see if I can get a better deal.
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