What is a balance sheet? It's one of three financial statements showing how well a business is doing financially. The most crucial of these is the balance sheet, also known as a statement of financial position. The other two reports are the income statement and cash flow statement.
Business loan rates and business loan fees can be confusing. Many options are available with different interest rates. In addition, varying fees and charges apply across the spectrum of business finance. To clear up any confusion you might have about business banking, we will take a closer look at business loan fees and rates.
Breaking free from a parent company to become a business leader in his own right, Michael Toweel has mastered the craft of sizing up opportunity.
Getting finance when you’re new in business can be a challenge. New business loans are not easily accessible if you don’t have a track record or don’t have assets to use as collateral. Here we’ll look at some of the types of new business loans you might consider after starting a business.
Cash flow is the lifeblood of any business and key to its ongoing success. However, managing it effectively is also one of the biggest challenges small-to-medium enterprise (SME) owners face…
Your client’s business loan may be costing them more than you thought. Here's a short guide to help you understand the true cost difference between APR and simple interest.
Many small business owners ask, "What is working capital?" Here we cover the basics to help you understand working capital and why it's important.
Business success isn't easy. Whether you’re just starting out or have done it all before, navigating the SME world can be challenging. But it can be done. As long as you’re willing to be flexible, patient, practical and open to all possibilities, you’re more likely to achieve business success. Here are six key steps to running a successful business.
As a business owner, you may be considering an exit for a number of reasons. It could be to retire, or the desire to create a new business venture. Whatever the reason for leaving the business, here we cover the ways to get ready and some of the business exit options to consider.
Like other brokers, a business loan broker connects people and products. Just as a mortgage broker assists in finding the right home loans for home buyers, a business loan broker (also called a ‘business finance broker’) helps business owners get business finance that fits their requirements. Here we’ll examine what business finance brokers do and how they can assist businesses in getting business finance.
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