Why pay your bills early?

If your suppliers offer you goods or services on credit, this will have a beneficial impact on your cashflow. You will have had the benefit of using the goods or services supplied, and the funds to pay for them, initially, stay in your bank account. This benefit can...

Time for flexi-time?

The present lock-down has had a varied effect on UK businesses. Obviously, firms that operate in hospitality, tourism and retail – where in the main, the no-contact directive means businesses can no longer operate – have more or less stopped trading....

Time to plan

Up to the lock-down, most business owners were fully engaged in running their businesses and chasing new sales opportunities. The opportunity to take time out to consider longer-term issues: expanding your business, planning for a business exit or retirement, were...

Additional funding for SMEs in Scotland

The Scottish Government has announced a new £100 million package of additional grant support for small and medium sized businesses (SMEs) and newly self-employed people. The money is allocated to three separate funds. The funds opened for applications on 30...