Posts Tagged ‘knowing your numbers’

Prompt Payment Code, Knowing Your Numbers, and Company Insolvencies – BFB 256

Posted on: May 4th, 2019 by blsuser1 No Comments Tags: , , , , , , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

With increasing focus being given to tackling late payment, we open our latest Bulletin with news of tough actions taken by the Prompt Payment Code organisation to ensure its members adhere to guidelines.

A survey on how many business owners have a grip on their financial performance and key indicators reveals that many have a lot to learn. We look at why it is important to know your numbers especially when it comes to raising finance.

To close the Bulletin, we review the latest company insolvency statistics released by the Insolvency Service for Quarter 1 2019. Perhaps not unexpectedly, the figures make gloomy reading.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Spotify, Stitcher or itunes channel.

Know Your Numbers and Your Financial Performance

Posted on: March 28th, 2015 by blsuser1 No Comments Tags: , , , , , , , ,
Posted in Business Finance Tips

When looking at getting business finance one aspect of your business you must be comfortable with is your financial performance. When discuss your finance request knowing your numbers and key aspects of your financial performance will set you apart from the majority of businesses.

Being able to read (and understand!) a Balance Sheet and a Profit and Loss is one aspect of running a successful business that eludes many business owners. A good grasp of your numbers will not only get you off to a flying start with the bank but it can also give you a better understanding of your business and areas of potential improvement.

In this clip from a live seminar BLS’s Rob Warlow talks about the importance of knowing your numbers when applying for a business loan or any form of business finance.

Why You Need to Improve Your Business Finance Skill Set

Posted on: August 21st, 2014 by blsuser1 No Comments Tags: , , , , , , , , , ,
Posted in Business Finance Tips

In this clip from a live seminar hosted in Amsterdam Rob Warlow talks about how the current climate in raising finance is the new normal… we have to accept that raising finance will be a challenge for quite a while. With this in mind Rob explains how we have to adapt and why having an understanding of finance and a financial skill set is so important.

Getting a Business Loan: Know Your Numbers and Financial Performance

Posted on: August 13th, 2014 by blsuser1 No Comments Tags: , , , , , , , , , , , , , ,
Posted in Business Finance Tips

When looking at getting a business loan one aspect of your business you must be comfortable with is your financial performance… you have to know your numbers. And yet being able to read (and understand!) a Balance Sheet and a Profit and Loss is one aspect of running a successful business that eludes many business owners.

In this clip from a seminar Business Loan Services’ Rob Warlow looks at the importance of knowing your numbers when applying for a business loan or any form of business finance.

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What Our Clients Say

  • 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.

    Shayne Yates | Welsh Government Regional Centre Service Mid Wales
  • 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.

    Max Cooper of Manchester
  • 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!

    Kay Hyde | Hyde & Hyde Architects
  • 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.

    Angela Holloman-Coombes | Connective HR
  • 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.

    Gaz Jabeen | Bollywood Burn Out

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