What is business loan protection insurance and how does it work?
Businesses rely on loans for all manner of reasons. In fact, the average UK business borrowing is £176,000. However, few companies consider how they would...
Finance
Why cash flow is critical for eCommerce sellers
Business isn’t all about profit. It’s about cash flow—the money flowing in and out of your business every month or year. Having cash on hand is crucial. Sure, your business...
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5 Accounting hacks to grow your eCommerce business
Growing a business doesn’t merely involve making more and more money. It involves getting to grips with the tedious stuff—from liquidity levels to inventory management. We’ll be looking at 5...
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When is it better to close my company?
While closing a company is likely low on the director’s priority list, there can be scenarios where it’s in the business’s best interest. Whether it’s because of an unmanageable amount of debt or the directors can’t see a future in the company, closing it may be in the concerned parties’ best interests. Your company is insolvent and cannot repay its...
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How the internet forces banks and lenders to do better
Using traditional banks to access finance has long been time-consuming and problematic for individual consumers and businesses. Many conventional banks now offer online banking services,...
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Are we moving towards a cashless society?
The world is transitioning toward a cashless society. In the US, the number of people using peer-to-peer payment solutions by Square and PayPal is rising....
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Is a merchant cash advance a good idea for your business?
The current situation for businesses in the UK is complicated and implies great challenges for 2021. Until September 2020, 234 thousand businesses closed permanently, according to data from the study...
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Top 23 business funding sources (Debt, equity & alternative)
Whether you’re a new entrepreneur or an established company looking to grow, at some point you’re likely going to need to obtain some form of funding for your business. Fortunately,...
Read moreWhy cash flow is critical for eCommerce sellers
Business isn’t all about profit. It’s about cash flow—the money flowing in and out of your business every month or year. Having cash on hand is crucial. Sure, your business...
Read moreHow the internet forces banks and lenders to do better
Using traditional banks to access finance has long been time-consuming and problematic for individual consumers and businesses. Many conventional banks now offer online banking services, which have made accessing their...
Read moreMore posts
As the budding entrepreneur of a growing business, issues with payments can make or break your enterprise. A consistent and reliable flow of income is essential for keeping your doors...
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While some of us start our own businesses with the intention of seeing it through for the long-haul, others either foresee a definitive point of departure on the horizon from...
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The online payment industry is one of the most dynamic and rapidly-growing business spheres in the world. The year 2020, with its significant yet not at all positive events, has...
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VAT (Value Added Tax), is a business tax levied by the government. It is added to the cost of nearly every product or service you buy in the UK. VAT...
Read moreThe current situation for businesses in the UK is complicated and implies great challenges for 2021. Until September 2020, 234 thousand businesses closed permanently, according to data from the study...
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Cash payments in the UK have declined from 58% to 23% since 2009. At the same time, the use of card payments, and contactless payments has rocketed. In September 2020,...
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Banks in the past won’t be able to deal with the kind of financial crises and quarantine measures that everyone is facing today. But now, the digitization of banking processes...
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Since the beginning of lockdown preserving the UK economy has been a top priority for the Government, which has been confirmed by its committed spending to bail-out British businesses, including...
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The decision to close shop will mainly be influenced by whether the business is solvent or insolvent and if your decision to shut shop is voluntary or forced as a...
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If your business is deteriorating, whether this is at a slow or rapid pace, it is instrumental to act fast to avoid further damage or even complete collapse. As with...
Read moreDigital innovations have disrupted many industries in the past decade. One particular sector that has undergone a major digital transformation is the banking sector. In order to meet its customers’...
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Peer to peer lending (P2P lending) is a relatively new form of borrowing. It has only been around since 2005, and since then has grown in popularity as an alternative...
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