“My business is in trouble with debt spiraling out of control and I simply don’t have enough cash to make payments on time. I’ve read that most small business startups have problems similar to mine, but why?” This concern is common amongst the directors, managers, and owners of small business startups in the UK, and […]
Many smaller companies are run from the home address of one of the business principals. Approximately six million companies in the United Kingdom are home-based. This can be a successful strategy, but other companies are more suited to having a dedicated office. Here we look at the pros and cons of running a business from […]
Dealing with repetitive creditor pressures and late penalties can be extremely stressful, especially when you’re facing multiple debts and have a great number of monthly obligations. When a company’s assets exceed its liabilities it is legally considered to be insolvent, at which point the risk of liquidation/bankruptcy arises. Many times the only way to save […]
Companies looking for an immediate injection of cash quite often find that the quickest way to accomplish this is through invoice factoring or discounting. Although it seems like a relatively straightforward process, it isn’t as simple as it may sound. It all sounds fairly basic where the lender will provide up to a certain percentage, […]
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