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Running a seasonal business in itself is quite challenging but also interesting. You know how things happen if you are also a seasonal business owner. Seasonal businesses have volatile sales at different times of the year. They also depend thoroughly on weather conditions. Such businesses generate a lot of profit during a specific time. However, …
Continue reading “Commercial Loan Options for Seasonal Businesses in the UK”
Attaining business finance is a big responsibility in itself. You borrow money at a time of need to maintain the growth of your business. However, it is also important to repay the funds at the right time. If any issues come in handling the finances, it can directly spoil your business credibility. Also, the goodwill …
Continue reading “How to Use Business Finance without Harming your Business Credibility?”
Gone are the days when a vending machine offers only savoury snacks. They have transformed into cashless devices selling almost everything from false eyelashes to milk. Vending machines are deployed at airports, railway stations, central markets and every place where a huge throng gathers. They are like small retail units resting in an office block …
Continue reading “How to Start a Vending Machine Business in the UK?”
Starting or growing business needs money. Banks give business loans – upfront lump sums to invest. Crowdfunding sites let many people put in small amounts. Government grants help certain business types. Investors provide money in exchange for part ownership. Looking at different choices lets you pick the best funding for your needs and stage. Check …
Continue reading “Difference between Business Loans and Crowdfunding”
In January,non-financial businesses in the UK (Public corporations and PNFC) borrowed 0.3 billion from banks and building societies. Alternatively, small and medium-sized businesses increased borrowing from 1.0 billion in December 2023 to a net repayment of 0.1 billion in January 2024. The growth of large enterprises in borrowing increased by 1.3% in January 2024 from 0.7% …
Continue reading “How to Manage Your Business Debts without Hiring Any Professional?”
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”
Inflation continues to be the prime reason for the deviating sales volume. Consumers reduced the number of purchases in the wake of rising costs. The conscious spending may continue even in 2024. It makes the fashion industry market look subtle in the first half of 2024. However, 2024 still looks better on the growth side. …
Continue reading “How Profitable is the Beauty and Fashion Industry?”
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 …
Continue reading “Are Business Loans in the UK Tax Deductible?”