Business Finance Bulletin No 48: Types of Business Finance, Late Payment, Crowdfunding & Business Plans
In the latest Business Finance Bulletin Rob Warlow looks at a recent survey from Hilton Baird Financial Solutions examining the different sources of finance businesses are using today.
The Prompt Payment Code was designed to encourage businesses to treat suppliers fairly and minimise late payment but it could work better and Rob looks at a new Advisory Body set up to improve standards.
Sticking with late payment, a survey from Lovetts, a commercial debt litigator reveals that the amounts outstanding to businesses is on the rise. Watch your cashflow!
Awareness of crowdfunding is on the rise and Rob has news from the Chamber of Commerce of a series of roadshows being run in conjunction with crowdlender ArchOver designed to inform business owners about the options available to them.
Rob also has news that PWC have tied up with MarketInvoice to offer invoice discounting solutions to its clients and in the Business Finance Tip of the Week a look at why business owners hate writing Business Plans!
If you prefer to listen to this week’s Bulletin on your phone or in your car then you can download it as a podcast by clicking the ‘download’ image on the SoundCloud player below.