Even before the coronavirus, there’s no doubt that small businesses in the UK were becoming increasingly reliant on external funding and borrowing. A British Business Bank Survey in 2019 found that 44% of SMEs had sought some form of external funding during the previous three years, for example, while this figure is only set to […]
3 Ways Startups Can Establish their Brand Quickly
January 28, 2021 By
In the business world, time is money. So the faster that a new company can hit the ground running, the better. It’s worth noting that many startups struggle in this regard. It can take some entrepreneurs months –– if not years –– to launch every aspect of their new business. Obviously, this is less than […]
5 Tips for Building Business Credit for Veteran Entrepreneurs
January 28, 2021 By
Are you a veteran entrepreneur? How do you go about maximizing your funding potential? Once you enter into the business world after serving in the military. It comes in handy as the character traits you develop in service are essential in succeeding in entrepreneurship. The lack of capital and restricted access to loans can be […]
The True Importance of Financial Analytics
January 28, 2021 By
Financial organizations have more data than ever before available at their fingertips. However, companies are still figuring out how best to analyze and capitalize on it. According to a report cited by Financial Executives International, just 14 percent of finance orgs report being currently successful at turning their large stores of data into valuable business […]
3 Things That Make Collaborative Robots Ideal for Businesses in Seasonal Markets
January 27, 2021 By
Owning a small business that is in a seasonal market comes with a host of challenges. For starters, you won’t have a consistent stream of revenue because of the lows of demand. There is also the fact that during peak seasons, you can run into trouble trying to hire temporary workers, creating more space to […]
