Craft distillery is a booming business sector, estimated to be worth in excess of £1.2 billion. It is therefore hardly surprising that so many businesses in this sector are looking to fulfil growth plans for the new financial year. The demand for craft beer has grown rapidly over recent years. Initially developed for the festival…
read moreWe all know first-hand how the cost of living has increased substantially in recent months and how this in turn has had an impact on the expenses that small businesses face. Key factors that have had a major influence on these rises are: An increase in inflation, which puts demands on employees and a potential…
read moreStatistics collected by the Government in 2022 show that the SME sector accounts for 99.9% of the business population. If we break this down there are 5.5 million private sector businesses, 1.4 million employ staff and 4.1 million have no employees. Analysing further 5.47 million fit in to the small business category (0 to 49…
read moreCommercial finance is a term that covers a multitude of business finance products which can include both short and long-term solutions. Here are some of the most common options available in greater detail. Commercial loans A commercial or business loan provides an agreement of funding between a company and a lender. It allows a business…
read moreThe challenge most businesses face is how to ensure they maintain the very highest levels of operational efficiency. For the majority this will be by ensuring they have access to state-of-the-art technology and latest equipment. Of course, the one barrier to this is maintaining a good level of capital that not only allows the business…
read moreBusinesses have now recognised that thanks to the advances in battery technology, it is now far more beneficial to introduce electric vehicles into their commercial fleet. Not only can a business benefit from the improvement in the distances that electric vehicles can now travel, but it can also meet some of its corporate responsibilities in…
read moreArguably one of the most important elements of business growth is how you finance your growth plans? Whether you need to increase turnover, purchase the latest machinery or employ new members of staff, having the right business finance in place is crucial. There are many ways to finance business growth, but this can only be…
read moreWe recently wrote a couple of articles about finance acronyms (
read moreThanks to business asset finance a company can purchase items such as equipment, machinery or vehicles through a loan agreement. By purchasing via this method your cashflow is not adversely affected and you can continue to fulfil your company growth plans. Of course, you can also release the value of business assets which are owned…
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