The Cash Flow News Weekly – Christmas Edition

The festive season is upon us! But ho-ho-how to keep your business afloat whilst staying inspired over the holidays? We’ve got some tips to help you get your business through the notoriously quiet December Drop-off…. interspersed with some Festive Facts for you all!   ‘Jingle Bells’ was the first song ever to be broadcast from space, when it was sung by two astronauts in 1965. Drive sales with seasonal offers. Make these the priority of your business’ website – along with any shifts or changes in shipping deadlines. Countdown reminders are shown to be particularly effective alongside … Continue reading

The Cash Flow News Weekly

The Guardian’s Small Business section has been interviewing Small and Medium-Sized Businesses about the everyday cash flow problems they face, and their solutions  – here’s our summary of some of their tips and experiences… “We began to manage all our invoices in the cloud. The eureka moment was when we decided to take payment in advance of starting any campaign.”   Hoe Grange Holidays “Predicting future income is important!” “Online accounting helped us double our turnover. Twelve months ago, we switched to cloud-based accounting. Since then, the firm has gained better … Continue reading

What Award Winning Bibby Financial Services Had To Say….

In 2013 Bibby Financial Services was awarded, for the sixth consecutive year, the NACFB award for Best Factor and Invoice Discounter so I was pleased to meet up with Graeme Scougall, Associate Director of Bibby Factors Scotland Limited to talk to him about his thoughts on financing in the UK now and the role invoice finance firms like his own. I asked him: Q:  Even though positivity is returning to the UK market, what challenges are businesses now facing? A:  Despite this increasing positivity, small and medium sized businesses still face a number of challenges, … Continue reading

The Cash Flow News Weekly

What’s new in the world this week? Read on to find out! SMEs will feel the pinch this Christmas A report has found that British small businesses are experiencing a cash flow crisis over the festive period.  Finance provider Platform Black conducted the survey, which questioned over 1,000 businesses, and found that over 70% of those businesses were worried about cash flow shortages during the holiday. The report also found that almost nine out of ten SMEs said that their biggest problem in 2014 would be working out how to grow their company – whilst … Continue reading