This episode of the Business Finance Bulletin is a late payment and cashflow fest. Poor cashflow and management of late payment is one of the biggest barriers facing small business owners when it comes to planning for growth.
In this episode Rob Warlow looks at the latest research from Lloyds Bank Commercial Finance which uncovers the extent of the amount of cash trapped in overdue payments.
But what’s the solution to this problem?
The first way out Rob looks at is a new crowdfunding invoice discounter which can unlock cash so releasing much needed working capital to fund growth.
The second service is a new innovative support platform launched by a business owner who suffered from the effects of late payment. The service provides guidance and tools designed to ensure prompt payment by your suppliers. Could this work for you?
In the Business Finance Tip of the Week Rob gives some tips on writing a one-page Business Plan.
Rob kindly agreed to attend the recent Pontypridd RFC sponsors networking evening and delivered what can only be described as an excellent talk on 5 Tactics to Boost Your Business and Your Profits. He kept the audience engaged throughout and the feedback from everyone was excellent. Rob is very knowledgeable on business and finance and on top of that is a genuine nice guy. We hope to have him back at a future event and I have no hesitation in recommending Rob’s services.
Hi Rob, it was so interesting and entertaining listening to you at the Kevin Green Wealth Coach Workshop in Reading this weekend! I didnt realise you can find Finance proposals such fun!. Brilliant tips! Thanks.
Rob delivered a series of 3 workshops aimed at understanding how finance houses look at finance propositions with the aim for us as a team to deliver more of a bespoke offering to our customer base. The training was delivered to a mixture of staff who work with new businesses start-ups and existing established businesses across Mid & South West Wales. Rob delivered the training with an abundance of passion and has really helped my team look at financial propositions in a different light, many thanks again Rob and I look forward to work with you in the near future.
Further to your recent presentation at LEAD Wales just wanted to say it was very refreshing to see somebody talk passionately and positively about finance, very insightful!
I wanted to thank you for such an insightful, energetic, and entertaining talk at the Kevin Green Wealth event on securing funding and creating a successful plan. It was brilliantly executed and a pleasure to listen to and the ideas I’ve learned are definitely going to help me in going forward.