Once you have decided what products or services your business will provide, and gained a premises, vehicle, or even staff, you may also want to consider the ways that you will receive payment. You may need to factor in what will be most feasible for your line of work, as well as the type of payments that your clients may prefer to use. Card Payments Many people prefer to … [Read more...] about How Can I Take Payments for My Business?
The SME market is the lifeblood of British business. At the start of 2020, there were 5.94 million small businesses in the UK, making up 99.9% of our domestic business population. In the UK’s private sector, SMEs account for approximately 60% of employment and half of the turnover, with total turnover for SMEs sitting at £2.3 trillion. Significant numbers, then, and every … [Read more...] about Understanding Your Business Finances and How To Manage Them
In this digital era, the biggest threats to your company are no longer physical. As our reliance on tech grows and more and more workforces adopt remote solutions, cybercriminals are targeting small-to-medium-sized enterprises (SME) on a scale never seen before. In fact, according to data from Hiscox, small businesses in the UK are hacked successfully every 19 seconds—that … [Read more...] about 10 Ways to Protect Your Small Business From Cyber Threats
Every small business is on a tight budget as it begins its journey. That is just the way the world works. That said, there are still some cheap and usable tricks that people can apply to help get their business off the ground and running at full capacity. It is all about learning how to use cheap marketing tactics that don't cause budget issues going forward. 1. … [Read more...] about 4 Free and Cheap Marketing Tips for a Small Business
Small and new businesses have had a challenging year. Yet, even in normal times, these businesses can struggle with late paying and defaulting customers. Leaving them with cash flow gaps and numerous unpaid invoices. Invoice financing can help business get the cash they need to keep operating and growing. What Is Invoice Financing? Invoice financing allows business to … [Read more...] about How Invoice Financing Can Help Your Business