Commercial bank managers have long complained that it is much easier for clients to get unsecured loans personally, where no evidence is required as to how the loan will be repaid, than it to get unsecured loans for a business, no matter how good the business plan.
Read article | View commentsThe Forum of Private Business (FPB) is welcoming the Payments Council’s new National Payments Plan, in which it agrees not to phase out cheque payments until adequate alternatives are in place.
Read article | View commentsCash flow expert Donald Findley explains that you need to look at how much
Read article | View commentsGavin Porritt, Independant Financial advisor looks at how to add benefits to your staff’s salary packages
Read article | View commentsNeil Ackroyd, principal partner at Precision Corporate Finance looks at what can be done to prepare a business long term for sale – including how its value is likely to increase by planning for the future.
Read article | View commentsBanks and building societies are reporting an expected cut in the amount of secured lending they will offer after the Bank of England admitted the credit squeeze is set to intensify.
Read article | View commentsWith spring time now officially upon us and a new tax year started, there has never been a better time for small businesses to spend some time spring-cleaning their finances to help get their firms into ship shape condition for a successful 2008.
Read article | View commentsInsolvency practitioners are warning that banks were forcing entrepreneurs and family-run firms to take second mortgages on their homes and offer personal guarantees before agreeing to provide business loans.
Read article | View commentsOrganising your business for the financial year can be a confusing process. To help employers negotiate the ever increasing demands of red tape the Institute of Chartered Accountants in England and Wales has produced a calendar for small businesses highlighting some of the deadlines they may face.
Read article | View commentsThe escalating credit crunch is the gravest financial crisis in 60 years. Here a writer untouched by previous crashes argues that this time Britain is heading for recession
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