The lack of access to finance for the SME is recognised as being a significant barrier to the country returning to growth! The 2013 budget presented little hope that this funding blockage would be released anytime soon. The chancellor announced a reduction for UK corporation tax to 20% from 2014, a £2,000 NIC holiday and a […]
14 need to know points on Cyprus and how it affects business finance
Could Cyprus be the trigger for yet another, potentially fatal Eurozone crisis? This is a problem that the EU have tried to ignore, but to no avail, it is now coming back to bite them, and in particular the Germans, in a big way! In a worst case scenario, this could lead to the exit […]
Invoice trading: a flexible new alternative to invoice finance
I would like to start this article by saying that we at Trans Capital Associates are an impartial advisor with no links or ties to any individual funder or other business. However, following a number of recent experiences with our clients, I now feel compelled to mention a relatively new business that is pioneering a […]
Business strategy 101 – How to get ADDED VALUE from every meeting
In today’s world, we seem to be having more meetings than ever. At the start of the technological revolution it was suggested that improved ways of communicating would reduce the need for all these face to face meetings and that we could all get on with the day job! It seems to me that what […]
How to stay Flexible when planning your business Turnaround Strategy
Flexibility is vital to the success of any business turnaround strategy One of the biggest problems in business is that just when you think you have a settled business model in a stable market, things change. This is particularly the case in these times of austerity and turbulent Global markets. There are two ways in […]
6 easy ways to make sure you get paid on time and BOOST your cashflow
It seems to me that it is often the easy things we miss in business. The actions you take as a given, or expect someone else to be handling, are very often the ones that get missed. This is never more so than in debt collection! As we all know poor credit control is a […]
Business strategy 101 – Business funding update – March 2013
1. Funding for Lending Scheme update Banks taking part in the Funding for Lending Scheme (FLS) have cut lending sharply in the last three months according to a report this week. The lower than expected FLS figures have dampened hopes that the project could help revive economic growth. The joint initiative between the Bank of England […]
15 need to know points about the UK rating downgrade and business finance
On Friday 22nd February Moody’s downgraded the UK economy from AAA to AA1. The reasons Moody’s gave for the downgrade were that they consider the UK to have a weak economy and is suffering from sluggish growth. The likely effects of the downgrade are: The pound will drop, which means our imports will cost more. […]
How to ensure your strategy is aligned for great employee engagement
Strategic fit – Make sure the turnaround strategy is in line with the business purpose I am always surprised to see turnaround strategies that have at their core a complete reduction, let’s say in Marketing and Service departments, supporting a purpose that is based on increasing sales penetration and the provision of first class customer […]
Create VALUE from your VALUES when planning a turnaround strategy
It’s important to have the full support of your employees behind you when you are creating and developing a business. This is never more so than when you are planning a turnaround strategy. I have always been fascinated by that feeling you get when you are totally engrossed in creating something new, and how you […]