Category: Finance

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Finance25th March 2024New Data Shows One in Six SMEs Rejected for Business Loans

New research by fintech lender Nucleus Commercial Finance has uncovered some of the key concerns currently faced by the UK’s small businesses, and cash flow and funding are at the top of the list.

Finance26th February 20249 Business Benefits of Payroll Automation for Small Businesses

No matter how big or small the business, there’s no escaping the necessary payroll calculation processes. You do have options. You can outsource to third-party professionals or you can devote an in-house team to data entry and sums.

Finance20th February 2024Small Businesses Desperate for Tax Help at Spring Budget as Insolvencies Hit Record High

The UK’s struggling SME sector is eager for tax incentives or relief at next month’s Spring Budget, a survey from employment management platform Employment Hero has revealed.

Finance7th February 2024How SMEs Can Be In The Best Position To Gain Finance This Year

Small and Medium Enterprises (SMEs) form the backbone of the UK economy, in fact they account for 99% of all private sector businesses, contributing significantly to innovation, employment, and economic growth.

Business Advice6th February 2024Five Ways AI Can Help With Your Startup or Small Business

The AI boom is set to spread far and wide in 2024, with a reported 77% of global businesses utilising AI. However, it’s reported that only 29% of startups / small businesses have adopted the tool as yet, citing lack of expertise as their main reason for not

Finance5th February 2024What Is Lease Accounting As Per IFRS 16?

The International Financial Reporting Standards (IFRS) 16 represents a significant shift in the accounting of lease agreements for companies reporting under IFRS.