The Cash flow Weekly News

Hi, we’re back…well we’ve never been away, just haven’t been doing our blog!! We thought it was about time we started it again so here we are.  We pondered over what our topic should be and Alan, our Chief Executive, suggested we look at the definition of cash flow issues, well we had a laugh. We googled ‘What is a cash flow crisis?’ and got the following: “For a single business, a liquidity crisis occurs when the otherwise solvent business does not have the liquid assets (i.e., cash) necessary to meet its short-term obligations, such … 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

Dr. Who’s Business Lessons

In Celebration of the brilliant Peter Capaldi being announced as the new Doctor Who, we took a look at some of the business – and life – lessons Doctor Who could teach you. Any lessons you’ve learned and want to add? Tweet us!   Always see the sunny side When things go belly-up, remain cheerful – a bright, sunny attitude could actually mean you respond to problems more effectively. Keep a sense of humour, too! But… When it comes to it, fight a good fight We’re not saying look for trouble, but if trouble finds … Continue reading

How working in the Cloud could keep your business dry…

“So what exactly is the Cloud?” ‘The Cloud’ refers to services, resources and applications (‘apps’) that are available on demand to users via the internet.  This means you can make use of the space the internet offers – whilst removing the need for you to clog up your hard drive! More and more companies are using the cloud as a means of delivering their services – this is because it can increase capacity and make adding or updating services much easier. There are innumerable cloud-based businesses – more on some of those later – and … Continue reading

Small Business – Comparative Statistics

It is widely acknowledged that planning and managing cash flow is one of the most important things a business can do – but how widely? We compiled statistics from all over the world – proving that Cash Flow is King! Businesses that are classed as Small and Medium size Enterprises (SME’s) – not surprisingly, small businesses overpowered larger businesses in sheer volume across the board, with the UK taking the lead with over 99%. SMEs saying cash flow is their biggest challenge – surprisingly, Canada took the lead here, with 51% of small business owners citing … Continue reading