Late payments still threaten small business cash flow

Late payments still threaten small business cash flow

Late payments remains one of the biggest challenges facing small businesses across the UK. Even companies that are profitable on paper can find themselves under financial pressure if customers fail to pay their invoices on time. Recent reports suggest that thousands...
Rising employment costs are changing business decisions

Rising employment costs are changing business decisions

Employment costs continue to rise, and many small businesses are feeling the impact. Higher wage bills, increased employment related costs and the expense of recruiting and retaining skilled employees are causing many owners to think more carefully about their growth...
Five ways AI can save you hours every week

Five ways AI can save you hours every week

Artificial intelligence (AI) is no longer just for large organisations. Many small businesses are now using affordable AI tools to reduce administration, improve customer service and free up valuable time to focus on growing their business. The key is to use AI as a...
Could your business survive a cyber attack?

Could your business survive a cyber attack?

Cyber-crime is no longer a problem faced only by large organisations. Small businesses are increasingly being targeted because criminals often assume they have fewer security measures in place. A successful cyber-attack can disrupt operations, damage customer...
When did you last check your credit rating?

When did you last check your credit rating?

Many business owners regularly monitor their bank balance, sales and cash flow, but overlook another important financial indicator, their credit rating. Whether you are applying for finance, negotiating with suppliers or seeking new business opportunities, your credit...
Five ways to improve customer retention

Five ways to improve customer retention

Winning new customers is important, but many businesses overlook the value of keeping the customers they already have. Existing customers are often more likely to buy again, recommend your business to others and spend more over time. Improving customer retention can...