The proportion of trading businesses reports a drop from 26% in January 2024 to 22% in February 2024. Meanwhile, 55% of businesses reported static business turnover during the period. 18% of companies believe low customer demand is the prime reason behind business slowdown. Other reasons like rising energy costs and costly manufacturing materials also impact …
Continue reading “5 Funding Options to Grow Your Small Business in the UK”
If you currently took out a business loan or are considering one to pay for your business expenses, you would want to know the tax deductions. Facilities like business loans in the UK premises encompass two main components: the gradual repayment of the borrowed capital and interest accumulation throughout the loan’s duration. If you are trying to …
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Running a business requires commitment, hard work and, above all, money. Not until you have enough money can you hit the ground running despite a great business idea. Even if you have some money to invest in your business, you will likely hinge on external sources. For those who do not want to lose part …
Continue reading “How to get business loans in the UK? A step-by-step guide”
A business loan secured by real estate is a commercial funding option. It allows business owners to borrow huge funds against any of the assets they pledge as collateral. This option is also called a secured business loan. This loan type offers a longer tenure as compared to the short ones with no collateral. Also, the …
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Did you know that many start-ups consider funding your businesses or even large enterprises with the help of personal resources? Although it sounds a little ‘not so familiar’ in terms of how businesses garner working capital, it does make sense in a way because not every brand can work per the rules of a bank …
Continue reading “Pros and Cons of Self-funding Your Business “
The holiday season is the most wonderful time of the year for many retail store owners. Decorations transform shops into winter wonderlands bustling with festive spirit. For small businesses especially, the Christmas rush brings hopes of hitting yearly sales goals and turning decent profits before the year’s end. However, without proper planning, retailer dreams can …
Continue reading “Steps to Prepare Your Retail Store for Christmas Sales”
The main idea behind owning a franchise is to utilise the popularity and goodwill of an already established business. Building a venture from scratch takes time; some people do not feel like waiting longer to see it grow. Buying a franchise would be a good option for them. In this case, you will be selling …
Continue reading “How to Obtain a Loan to Start a Business Franchise?”
In the ever-changing finance landscape, where time is of the essence, Bridging Finance emerges as your express lane to success. Think of it as a sleek, efficient bridge connecting your present financial standing to your plans. This financial shortcut ensures a quick and seamless crossing over temporary fund gaps, propelling you forward quickly and easily. …
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