Running a business is hard, Niccolo is trying to help by producing a range of guides for small to medium-sized businesses.
What is Invoice Factoring? Invoice factoring is an alternative method for companies to fund their cash flow. Unlike overdrafts, loans and credit cards, factoring is where businesses sell their invoices to a third party at a lower price. How Does Factoring Work? Factoring is when businesses sell control of their accounts receivable, which can be […]
For company directors, they are legally required to pay taxes to HM Revenue and Customs. This includes businesses of all shapes and sizes, with the amount varying depending on how the company is set up. Some factors include having employees, premises and business assets. This guide will provide all you need to know about VAT
THE COMPLETE GUIDE TO REIGNING IN YOUR UTILITIES SPENDING Nobody appreciates a sudden increase in their spending, especially in the current circumstances where many people are juggling the unsurety of lockdown and wage-replacement schemes. Even without that additional stress, keeping on top of your bills is never something people enjoy budgeting for; even less so
Over the course of the pandemic, the government has launched several financial support systems to help businesses with the disruption caused to their business by the coronavirus outbreak. There have been several phases of some of these schemes and several updates over the last few months. This is a simple breakdown of the different types
When do Coronavirus Financial Support Schemes End? Read More »
For business owners, sometimes the hardest job can be getting paid by clients and chasing them up. If you’re new to invoicing, then you may not realise there is a lot more to them than meets the eye. This guide will cover all you need to know about invoicing. What Is An Invoice? Invoices are
Business Credit Scores – what are they? Many people believe that only individuals will have assigned credit scores, but this simply isn’t true. Businesses too will have assigned credit scores that will be used to assess and determine their credit-worthiness as a company. Credit-worthiness is simply a more complex term to describe relative ability to
Business rates can become a nightmare for many new and small businesses. Navigating these rates can be stressful for companies with business properties. This guide is to help you get the basics of business rates, including what they are and how to calculate them. What Are Business Rates? If you own a business property, then
7 THINGS YOU NEED TO KNOW All sales involve some degree of pressure; the confident salesperson is attempting to convince you into buying their product or signing a contract. Sales should also be mutually beneficially, though; both parties working towards, and in favour of, the same goal. But, what about instances where this isn’t the
High Pressure Sales Techniques and How to Deal with Them Read More »
In economics, fixed costs and variable costs are two of the primary ways a company will incur costs for producing goods. All operating businesses incur costs, whether it is a service provider or retail business. Fixed costs and variable sound quite similar, however, there is a difference between the two. This article will help to
When a company increases in size, there are always obstacles to face. With business growth, problems can feel difficult and stressful. You’ve dealt with difficulties when starting your business and it is important to have a plan in place for when growing pains arise. Feeling the pressure of business growth? Or planning for a potential
18 Obstacles to Company Growth (and how to overcome them) Read More »
