Blog by #GICCapital

Many small businesses have access to the product or service they need to grow, but lack the funding to actually make it happen. Trade financing makes it possible for businesses to fulfill their full potential by helping them get paid quickly when they sell their products or services.

As a small business owner, it is essential to understand your key management ratios in order to make the right decision at the right time. These five key management ratios will help you assess how business is running and allow you to manage your business effectively.

Small business owners are now able to get the financing they need from boutique lenders offering specialized loans. Boutique lenders often fill the niche of offering specialized funding when a larger bank will not.

There is a growing demand for companies to monitor their corporate social responsibility (CSR) performance. CSR refers to the level of engagement that organizations have with society and the impact they have on society.

Success is as much about what you do right as it is about avoiding the pitfalls. Here are 5 resolutions that every small business owner should consider in order to make the New Year better than the last year.

At the core of every company is its people and the HR department is responsible for making sure they are happy and productive. Human resources departments are responsible for a lot of different things, but the 12 key performance indicators listed below should be at the top of your list.

By linking your key performance indicators to operational processes, you can ensure that your business is optimized. Analytics can help you identify areas where your business can improve, generate more profit, or find better ways to reach new customers.

In the field of marketing and sales analytics, there are a variety of different ways that companies can use data to make decisions. From optimization and forecasting to just simply understanding customer behavior, there are many ways that data can be used to make better business decisions.

Your business needs to have a clear understanding of how your customers feel. This can be difficult to do, especially if you have a lot of customers, but it is essential for maintaining long-term growth and profitability. KPIs are essential metrics that every business needs to keep track of.

How are your business finances? Do you know how to read the numbers and how they affect your business? Learn more about Financial KPIs that every business owner needs to know.

e-Commerce is an online business model where companies use information technology to make the most of their operations, products and services. The first popular e-commerce company was Amazon.com, launched in 1994.

The role of Human Resources is to attract, retain and engage the most talented people in a company. The HR department is also responsible for creating a positive culture, which encourages employees to be their best every day.

What makes a company truly successful? It’s not just about making money. Great companies need to have a solid set of core values that drive every decision and action — from the way they treat their customers to the way they approach business opportunities.

Purchase order financing can be a great way to finance your business's growth. It can help you finance large orders, expand your business, and improve your cash flow. Get your free quote now.

Are you a visionary leader, a controlling manager, or a democratic organizational leader? It’s important to understand the different roles of leadership. The answer matters because leaders are more likely to succeed when they run a company that matches their leadership style.

Venture Capital Trusts (VCTs) are designed to attract private investors and help them receive tax relief. Opening a VCT is not easy though, as there are strict conditions attached to them.

The Enterprise Investment Scheme (EIS) is a UK government-backed scheme that provides tax relief to individuals who invest in small companies. There are two types of EIS schemes available: Early Stage and Expansion.

Learn from the success of others: You should learn from other successful business owners because they have a wealth of knowledge that can help you grow your business.

Economies of scale and economies of scope are key concepts in business strategy. They are defined as "the cost advantages that an enterprise derives from large-scale production or the benefits that an enterprise gains from diversifying its output.

The difference between accounting profit and economic profit is a concept that can be confusing to many. Accounting profit is how much money you make based on the amount of revenue and costs, while economic profit takes into account the opportunity cost.