Blog tagged as SMEs

If the Carillion collapse has highlighted one thing, it’s that small businesses need to have access to the relevant finance for their needs.

While mimicking other companies isn’t something that you should ever be engaging in, taking inspiration from businesses that do things well can help you grow and succeed.

While SMEs do still rely on credit from banks, a report released by The Organization for Economic Co-operation and Development (OECD) has revealed that new bank lending has declined in a number of countries.

With technological advances continuing to sustain growth for SMEs, we ask ourselves whether 2018 is the year that the IoT will benefit them.

When it comes to running and managing a successful SME, a worthy idea and a sound business plan are just half the battle.

If you run an SME, you’ll know that one of the most important parts of your business is your staff and the way that you treat them at work.

As an entrepreneur or SME owner, there are going to be times when you need cash fast in order to achieve your goals and help your business grow.

If you’ve just launched your SME or are an entrepreneur still struggling to find your feet, it’s likely that you’ll constantly be looking for ways that you can save money.

Speculations surrounding the upcoming Brexit are still circulating, and the most recent revelation is regarding the expansion that could occur if a soft Brexit was to take place.

When you go about hiring a new accountant, it is imperative that you ask them the right questions to gauge their experience and how well they will be able to get to grips with the way that your business works.

There are a number of risk factor signs that suggest that your business might be in a detrimental position, so read on to find out how to spot them.

As a small business owner, you’ll be aware that practising good financial habits can make all the difference to the success of your business.

If you want to make the best use of your SME’s working capital, you’ll need to be stringent about spending your funds wisely and carefully managing your resources

It’s estimated that 2.5 billion people will be using smartphones by 2019, so engaging with apps is also important if an SME is going to be successful. Read on to find out about five of the best apps for SMEs at present.

SMEs are the bread and butter of the UK economy, providing millions of people with jobs and services across a plethora of different sectors.

With the prospect of Brexit still hanging over many Brit’s heads, a lot of SME owners believe that the idea of expanding their business abroad is a risky venture fraught with potential hazards.

Securing finance for your SME can be a challenging and, at times, very confusing process, mainly because there are so many different types to choose from.

Running a successful SME means ensuring that a number factors are working well together so that you can accommodate growth.

Finance responds to what’s happening on the global stage. Many small businesses live in fear of worldwide currency fluctuations, which can have a detrimental impact on imports and exports and ultimately threaten their all-important bottom line

Both boom times and recessions come and go, and the toughest businesses weather the storms and come out at the other end fighting fit.