A merchant cash advance is a hidden gem in the world of small business enterprise. Think zero interest, no fixed payment term and a high approval rate. So it's easy to understand why more and more businesses are opting for merchant cash advances [MCAs] as an alternative means of funding. more»
Almost every small business owner needs to borrow at one time or another. However, banks are reluctant to agree businesses loans without a track record. So, are there any advantages to borrowing as an individual instead? more»
As the UK continues to negotiate its exit from the European Union, business owners and their advisors are looking ahead with a view to minimising the impact of Brexit, regardless of the uncertainties. more»
To learn some simple tips to make managing cash flow easier, Business Advice spoke to commercial business card director at Barclaycard, Ian Reid. more»
Often referred to as the income statement, the profit and loss statement is one of the cornerstones of business financial analysis and reporting. more»
Insufficient access to finance costs the average small company £77,651 in lost business opportunities every year, as owners struggle with limited cash flow. more»
Over seven in ten small business owners have admitted they would accept slower growth over using external finance to grow their company, according to a new study. more»
Small businesses are set to contribute £217bn to the economy by 2020, yet the majority of UK startups still crash and burn in the first five years. The fatal flaw? Weak or negative cash flow. more»
A key factor that sees businesses across all industries falter is a failure to conduct regular credit checks, leading to vast amounts of debt being written off, data collected by Ormsby Street has found. more»
The Competition and Market Authority has issued a report concluding high street banks do not have to work hard enough to retain business banking customers. more»
