While all businesses are seeking ways to reduce their overheads, most don’t realise that their energy bills are the best and simplest place to start. It’s assumed that switching your supplier will only bring about hassle and a minimal saving at the end but you couldn’t be further from the truth. The same goes for […]
Half of SMEs no longer borrowing money
48% of small and medium businesses have turned their backs on borrowing money preferring to pay off their debts instead. It seems that SMEs are more concerned with becoming debt-free than borrowing to increase growth. The remaining half of SMEs have taken advantage of bank loans and finance offerings with more applications being accepted. According […]
SMEs starting to thrive once again
Small and medium-sized UK businesses are taking off again after the devastating effects of the recession. They have also begun borrowing again according to the Bank of England and growth was at 2.4% by the end of 2014. There are 5.2m businesses in the UK, 99 per cent of which are classified as SMEs. They […]