Are UK High Streets in trouble? 2018 was an incredibly bad year for the UK’s high street retail sector, and the early months of 2019 seem to be showing similar indications for some brands. Keeping up with consumer drift to online shopping has taken its toll on a variety of top retail brands, including […]
Your cash flow is an important part of the financial management of your business. With enough financial backing, a business can survive making losses for a short period of time, but should your cash flow be improperly managed, then you’ll soon experience challenges that could make your business’ operations unsustainable. Here are five ways that […]
Maintaining the health, growth and success of any retail or hospitality business means ensuring regular financial administration and management tasks are scheduled in your monthly calendar and actioned. All businesses need effective control and financial management in order to succeed in the modern competitive environment, and this means planning, controlling and organising all resources on […]
The number of UK businesses that collapsed into bankruptcy hit a four year high earlier this year, and some of the worst affected companies are often in the retail and hospitality sectors. The hospitality and retail sector lies in third place in UK liquidator listings, just behind administration and support, and construction business. Good financial […]
Growing retail and hospitality businesses requires funding, which can often be extremely difficult to source from traditional lenders, like banks and venture capital providers.
Angel investment is a lot different, as angel funding is acquired direct from an angel investor who will invest their own funds.
When you raise money with crowdfunding, what exactly are you getting? What are you selling? And, frankly, is it worth the effort?
In the modern world that we live in, online retail is becoming ever more popular. Whether your business is retail or hospitality, if you’re selling a product or service online, e-commerce means that customers are looking for some form of online payment method to make that purchase.
Discover how you can make the VAT payment process simple and stress-free. Follow these three steps to take the pain out of VAT payments and remove hassle.
There’s much more to inventory management than simply keeping track of your products. We share some of the best inventory management software choices for small business.