As we continue to hold our breath over the real outcome of Brexit - will we secure a deal or won’t we? SMEs need to be proactive, not reactive in the meantime.
High staff turnover is not only time consuming but can also be demoralising for you and your team. You spend months training a new staff member, converting them to your business culture, only to lose them a few months or years later.
Calverton Finance will be exhibiting at the Recruitment Expo, at the London Olympia, on 5th and 6th February, where we will be premiering the British Business Bank who manage the Enterprise Finance Guarantee (EFG) scheme.
Invoice finance is a financial solution that enables businesses to grow through constant cashflow and working capital. So much so, that our clients last year increased their turnover by 13%!
We often talk about how ‘cashflow is king’ and how cashflow is the ‘lifeblood’ of a company. That’s because it’s true. Without a fluid cashflow, businesses can plateau, with stunted growth and restricted opportunities.
Many SME businesses don’t have the resources to employ trained credit control personnel. Yet, every day, more and more customers are paying later and later; 45 days, 60 days, even 90 + days is common.