Running a food manufacturing business can be a challenge. Not only are there the day-to-day operations and staffing issues to contend with, there are also other factors such as being hit with product recalls, product shortages and issues with supply chains. Operating a business in this sector is complex, from processing raw food, mixing ingredients,…
read moreAny successfully manufacturing business continually invests in the latest equipment and technologies to ensure that their operating processes are fully optimised. Gaining a competitive advantage thanks to state-of-the-art equipment is crucially important. A CNC (Computer Numerical Control) machine is arguably one of the most important manufacturing machines. It can pre-programme computer software which will then…
read moreIn today’s world where we are surrounded by choices and options for any type of purchase it can often be frustrating to find exactly what we need. If we relate this to the world of business finance, we have an abundance of choices. There is a vast array of financing options available, but how do…
read moreThe Enterprise Finance Guarantee Loan (EFG) is a scheme set-up to assist businesses who might not have been successful with a normal commercial loan application. It is a government backed initiative where they guarantee up to 75% of the loan with the lender against the outstanding facility. Any lender will need to be fully satisfied…
read moreMany businesses have recognised that when in need of finance the traditional approach of speaking with their local bank is not always the best option. Instead, they seek the advice and guidance of alternative lending specialists. An alternative lending company is one that can provide a whole host of lending solutions which includes
read moreRunning a food business today can mean many different things. Traditionally most people think of a restaurant, café or takeaway but one of the most popular options currently is a mobile operation. Having a food truck can offer you flexibility, freedom and low running costs. With premises costing so much, a mobile food outlet can…
read moreSuccessful businesses need a strong infrastructure, competent staff and of course machinery and equipment which they can rely on. Being able to continually invest in machinery can be costly and often an outright purchase can be very challenging or even sometimes impossible. Fortunately, there are some highly beneficial and tax efficient options available for machinery…
read moreAsset based lending (ABL) is a form of business finance that uses the assets on a company’s balance sheet as security for any type of lending. These assets could include property, stock, machinery, equipment or even accounts receivable. Any business looking to take out a loan or obtain a line of credit to help meet…
read moreAdapt has become such a prominent word over the past 18-months. People have had to adapt to a new way of living and working. Businesses have had to adapt to ensure that they continue to trade, making sure their staff can work safely and diversifying where possible. Here are our top tips for adapting your…
read moreA common preconception when we speak about the self-employed is that this refers solely to trade professionals such as electricians, plasterers, plumbers, gardeners and carpenters. However, there are several ways in which a business can operate through self-employment. In fact, there are 3 types of legal entity: Sole trader – the easiest option for starting…
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