For any small-to-medium business owner, cash flow is a priority. Along with needing to ensure you have enough cash coming in to cover supplies and overheads, you also need money in the bank to complete any expansion plans. [...]
This past year saw us weather complete shutdowns, food by takeaway only, quiet streets, and everyone working from home - all of which have put an incredible strain on business finances everywhere. But it does serve as an opportunity for SMEs to reassess their financials and invest time in finding strategies to protect their futures. Now is the time to put both feet in and set your vision on growing your business. There are five things you can get started on today to secure your future. [...]
The current COVID-induced recession in the UK is the worst on record. With output shrinking by 20.4% in the second quarter of 2020, it is more important than ever to have a strategy to ensure your business’ financial stability and longevity, post-COVID-19. [...]
Many businesses have found acquiring funding through the traditional sources to be more difficult over the past 12 months. Even more so during the pandemic. Luckily, there is more than one way to finance business operations. [...]
What is the right type of funding for today’s situation? Every business experiences challenges with cash flow at one point or another. This year, however, many SMEs have been forced to consider different types of business financing to manage the unexpected challenges Coronavirus has thrust upon them. [...]
A Working Capital strategy involves monitoring an organisation's assets and liabilities to ensure cash flow remains sufficient. Managing Working Capital involves observing three ratios, outline below. Having enough Working Capital can make or break your business. How you manage it directly impacts your operational cash flow and your profits. [...]
In a media world dominated by myth, spin and hype it’s no wonder truth gets twisted. So let’s sort out a few misconceptions about the role of brokers. You’ll find sharks in the dark corners of every profession, but brokers are usually a positive force in business. A good broker will find your business exactly [...]
TSF Finance, the Glasgow based independent broker for the SME market, has made three senior appointments following a successful first year. Founder, Alan Anderson has appointed Stephanie Moyes as a director. Moyes joins from RBS. Experienced restructuring and debt recovery consultant, Ian Close and former professional footballer, Lee Mair, both join as senior funding partners. [...]
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