One of the more obvious pieces of advice available on the internet about how to solve cash flow problems is to build a cash reserve. Great advice about how to avoid running out of cash but not so helpful when you are already running low! Until recently there was a simple solution – take out…
Shortly after the 2008 financial crisis, a £25m turnover plant hire business found itself with lower margins, short of working capital and in serious arrears on many of its hire purchase agreements. Its bank of many years decided enough was enough and requested that the business move its invoice discounting facility elsewhere. The various Hire…
Raising funds should be easy, there is a lot of money about. If you follow the rules, raising money for your business is straightforward but it isn’t easy.