9 financial tips for SMEs
Regardless of the size, running a business is a challenge that can be both rewarding and taxing. Being able to overcome the obstacles associated with your business is the deciding factor between success or failure. SMEs are often led by those who are relatively new to managing their own enterprise in a specific industry or sector, and so lessons are naturally learnt along the way. Even the most experienced owners will be on a continual learning curve. One of the…
Crowdfund your new business – an update
As many would-be entrepreneurs return to work after the Christmas and New Year break thoughts of starting a new business begin to crystallise.
Personal guarantee required? How to protect yourself
A personal guarantee is a form of security to mitigate risk, where you agree to act as guarantor for the loan obligations of your business.
How your business can survive a recession
Economic uncertainty rarely holds any benefit for anybody, and business owners are one of the many groups who tend to feel the heat during times of hardship in the economy. A recession is part of the economic cycle every country goes through and is defined by two or more successive quarters of negative growth. Most of us will remember the last UK recession, which took place from 2008-2009 and saw firms and individuals having to overcome financial obstacles to survive….