Discover how securing external funding can drive innovation and growth for your small business. Our recent report highlights the benefits of seeking external finance, as most businesses lack the necessary funds to fuel their growth initiatives. Learn why accessing external finance is essential for small businesses and explore the ways it can support your innovative ventures.
Is your SME struggling with a 'cash crisis'? Our latest quarterly survey reveals that while business confidence has improved in Q1 2023, reduced cash balances and ongoing cash flow concerns are still affecting many small businesses. Click to read more about our findings and learn how to navigate these challenges.
A recent report found businesses that secure external funding are more likely to innovate in their markets. There are several reasons why small businesses should consider seeking external finance, including the fact that most businesses don't have the spare income to fund all of their growth initiatives. Read more about how external finance can help your small business grow and innovate.
Running a small business can put tremendous strain on your ability to achieve a healthy work-life balance. The demands of business ownership often result in longer, sometimes anti-social, hours and it can be harder to switch off. But carving out time for non-work activities is essential for your wellbeing, and that of your friends and family. It will also be better for the business.
SMEs face a lot of challenges in the current market and it takes much determination and patience to ensure that they succeed. Below we address three of the biggest challenges you might come across.
Despite the continuing headwinds facing the wider UK economy, there remains a considerable appetite from many SMEs to become more sustainable. But what are the opportunities for ESG-focused smaller businesses, and what are the barriers they need to overcome?
