All in Finance
With the implementation of contactless, we can now complete small purchases up to £100, without needing to enter our pin, but wirelessly tap our cards to process payment. Being cashless allows you to make payments to your suppliers, both on or offline while offering a lot of other benefits.
Online payments unquestionably revolutionised commerce and, more recently, contactless cards and mobile payments changed the way we pay for good and services - but the actual movement of money stayed the same.
Start-ups that are funding the development of their business through their own cash flow need to be cautious with their spend – but how much money should be set aside for this process and what should you consider when it comes to your spending?
Before you commit yourself to a date to launch your fundraising campaign, check if you're really ready to crowdfund?
The acceleration and rapid growth of technology-driven enterprises has sparked interest from a range of investor groups, who clearly see the potential in the sector despite the Brexit blues and ongoing negotiations about Britain’s position following the divorce from the EU.
People often talk about ‘margin’, which is the gross profit. The issue is, too many people think they have a margin of 85% (for example), and they don’t focus on what makes that margin up.
The importance of the role that SMEs play in ensuring a healthy UK economy is beyond doubt. Statistics from the Federation of Small Businesses show that small businesses account for 99.3% of all private sector businesses at the start of 2016 and 60% of all private sector employment.
DIY accountancy software is easy to use, but it isn’t always the best solution for entrepreneurs.
Angels often bring a great deal of professional experience into the fold, so if your business attracts the interest of an angel, bear in mind that it’s not just about the funding.
