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Should You Share Financial Information With Your Staff?

If you are looking to improve profits, should you share your financial information with your staff? BLS’s Rob Warlow explains why you should.

February 20, 2018 / Comments Off
Business Confidence, Asset Finance Boom, and Marketinvoice Trade Credit Insurance – BFB Epsd 202

Despite many reasons for small businesses to feel uncertain about prospects, we open this Bulletin with a review of the latest Business Barometer Report from Hitachi Capital which reveals that business confidence has remained steady over the last 12 months. One source of finance which continues to see growth is Asset Finance. Figures released by […]

February 17, 2018 / Comments Off
Opening a Business Bank Account, Triodos Crowdfunding Platform, ESME Loans – BFB Epsd 201

One of the more frustrating aspects of starting a business, or even switching banks, is the stressful experience of opening a bank account. The Competition and Markets Authority, as part of its 2016 Banking Review, tasked banks with making it simpler. To start the Bulletin, we look at the outcome of that request with the […]

February 10, 2018 / Comments Off
Best Business Accounting Software Package

Having an understanding of your financial performance is vital so you can identify any red flags and make appropriate adjustments. If it’s one thing that can help speed up the process of raising finance, it’s having up to date management information. Online accountancy software packages now make it easier for business owners to keep up […]

February 9, 2018 / Comments Off
Corporate Insolvencies in 2017, Duty to Report Payment Practices and Business Plans – BFB Epsd 200

Here we are with the 200th episode of the Business Finance Bulletin – another milestone achieved in bringing you the latest small business finance news and tips. We start this episode by taking a look at the 2017 corporate insolvency figures released by the Insolvency Service. Whilst the whole year makes sombre reading in terms […]

February 3, 2018 / Comments Off
Funding for Growth Workshops in Wales

If you’re a growing businesses it can be a struggle to fund expansion and day-to-day working capital from internal resources. If you are a business based in Wales and planning to raise finance in the near future then you may be interested a series of free workshops hosted by Business Wales. Business Loan Services’ Rob […]

January 27, 2018 / Comments Off
CountingUp Launch, Ratesetter Business Loans and Focus on Late Payment – BFB Epsd 199

For many small businesses, banking and bookkeeping are their least favoured tasks. To open this Bulletin, we look at a new mobile-only bank, CountingUp, which has opened its virtual doors with a small business banking solution combining banking and bookkeeping in one app. The availability of unsecured business loans from alternative finance providers has been […]

January 27, 2018 / Comments Off
Carillion Small Business Fallout, Tax Payment Options and Crowdcube in 2017 – BFB Epsd 198

The liquidation of the construction giant Carillion has dominated the business news headlines. As well as affecting its employees, small businesses in the Carillion supply chain will take a substantial finance hit. What can you do to protect yourself from the failure of one of your largest clients? As the deadline to pay your Self […]

January 20, 2018 / Comments Off
FSB Funding Platform, Zombie Businesses and Asset Finance Usage – BFB Epsd 197

Some businesses when looking for finance can get overwhelmed by the choices and process of applying for funding. If you are an FSB member, then help is at hand with the launch of the FSB Funding Platform which is designed to help its members efficiently search for finance. Despite the prevailing uncertainty about consumer demand […]

January 14, 2018 / Comments Off
What is Open Banking? – BFB Episode 196

It’s very likely that you may not have heard of Open Banking. If you haven’t then the chances are that you will over the coming weeks and months. It’s rare that we devote a whole episode to one topic, but Open Banking has the capacity over time to revolutionise the way you and your business […]

January 6, 2018 / Comments Off

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