You know your business has potential, but investors demand hard evidence to back that claim. Getting money from investors can really help small businesses grow bigger, reach new customers, or create better products. But to get this money, you need more than just a good business – you need clear proof of what your business […]
Read More… from What Investors Look For in a Business Valuation
Starting a business is no small feat, especially when raising funds. Funding often proves to be the pivot, and without it, a great idea can quickly become just that: an idea. Investors receive numerous opportunities, so one needs a well-crafted and strategic plan to really stand out from the crowd. This guide delves into five […]
Read More… from 5 Strategies to Secure Funding for Startups: Tips and Examples
Getting money to buy and store products is one key way for small and medium businesses to grow. Good planning and funding of product storage can make a big difference in how well businesses grow and last, especially for smaller UK companies. Also, small and medium businesses are vital to keeping the UK’s economy strong, […]
Read More… from 5 Inventory Financing Strategies to Accelerate Business Expansion
Did you know SMEs (0-250 employees) are 99.9% of all enterprises and represent more than half (52.5%) of the UK’s turnover? This sector plays a crucial role, and yet these companies often face laborious loan application procedures that feel far from supportive. Why do the smallest businesses (0-49 employees), which represent 99.2% of all businesses, […]
Read More… from How Fintech Lenders Are Streamlining SME Loan Applications
Efficiency today in the competitive business environment is not a luxury but a requirement. To most SMEs in the UK, handling finances often feels like a balancing act. Hundreds of spreadsheets, receipts, and invoices are always screaming for attention. Ever wondered how some businesses seem to have it under control while others struggle? It is […]
Read More… from Boosting Productivity: How Accounting Software Revolutionises Accountancy Workflows
Manual ledger entries and piles of paper receipts are things of the past. Cloud-based accounting software has completely changed the way one is used to maintain books of accounts. The digital age has transformed many industries; bookkeeping is no exception to this change. Across the UK, companies are moving away from paper-based bookkeeping to online tools […]
Read More… from Navigating the Digital Era: The Rise of Online Bookkeeping Solutions
As technology evolves in financial markets, it’s hard to imagine the days of financial planning and portfolio management without spreadsheet software, charting software, and other tools that are de rigueur now. Research by Financial Planning in 2021 revealed that 93% of financial advisors admitted to technology as playing either a critical or very important role […]
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Keeping a tight grip on expenses can feel like navigating a maze. One unexpected pothole can lead to budget leaks, draining resources and stunting growth. Pulse data analytics offers hope by allowing businesses to unearth these spending leaks efficiently, leading to improved financial management and growth. In this article, we will explore budget variance analysis, […]
Read More… from Budget vs. Actual: Leveraging Data to Pinpoint Spending Leaks in Your SME
Ever think that your income statement can do much more for your business? For most SMEs, financial reports seem to be just something done as a routine, but there lies within those numbers pure gold waiting to be unearthed. Unlock the full potential of your SME’s income statement only when you rise beyond the surface […]
Read More… from Maximising your SME’s Income Statement: Unveiling Hidden Gems by Leveraging Pulse
Businesses no longer win by the size of their wallets but by the speed of their decisions. This quote sums up a critical shift in modern business strategy. Imagine running your business without waiting for month-end reports, being able to change tactics on the fly, and knowing where you stand financially in real-time. Using live […]
Read More… from How Real-Time Financial Data Shapes Modern Business Strategies
Trading in the UK has been steadily recovering to pre-pandemic levels. Business statistics show that in the same period, the number of SMEs plummeted to its lowest level since 2016. This recovery phase shows entrepreneurs’ resilience while emphasising the need for new businesses to focus on financial basics. It also underscores the importance of managing […]
Read More… from Navigating Financial Stability: Mastering Your Business’s Cash Runway
For SMEs, the challenge often lies in managing workflows efficiently. Juggling various tasks, from customer service to inventory management, can be a daunting feat. This is where Generative AI comes into play. It is a tech wonder that has been gaining popularity for its capacity to change the way businesses work. But what is it exactly, […]
Read More… from How Can SMEs Leverage Generative AI to Improve Workflows?
SMEs are more than just job creators. They are the prime force behind economic growth and innovation. In fact, the International Labour Organisation estimated that SMEs contribute more than 50% of GDP in most of the Organisation for Economic Co-operation and Development (OECD) countries. However, in some OECD countries, they account for as much as […]
Read More… from How Do AI Tools Like Pulse Help SMEs Access Alternative Funding Options?
The fintech revolution has dramatically reshaped how we view and interact with financial services. Payments were made simple, lending transformed only to mark the burgeoning of fintech from a niche sector into one of the central players in global finance. Amidst this rapidly shifting landscape, traditional banks now face an extremely competitive market with agile […]
Scaling a fintech business involves more than just growth; it’s about navigating opportunities and challenges in a dynamic market environment. In fact, did you know that the global fintech market is expected to grow at an annual rate of 24% between 2021 and 2026? This explosive growth poses an unprecedented opportunity for scaling up fintech […]
Read More… from Essential Tips for Scaling a Fintech Business in 2024
Did you know the UK Government’s ‘Making Tax Digital’ has officially phased out the old pen-and-paper routine? Now, businesses earning more than £85k file their tax returns online, and many more companies are joining the bandwagon, thanks to the numerous benefits of cloud accounting. Even if you haven’t crossed that threshold, many businesses have already […]
Read More… from Which Accounting Software is Right for You in 2024?
Knowing how well your business is doing with money isn’t just about looking at numbers on paper. It’s about seeing what chances you might have in the future, avoiding problems, and making sure your business stays strong. Financial analysis helps with this. It involves looking closely at all the money coming in and going out […]
Read More… from The Role of Business Finance Analysis in Strategic Planning
Imagine having complete clarity about every dollar flowing through your business—no more guesswork or hidden surprises. This isn’t just a dream—it’s the transformative power of open bookkeeping. As consumers and SMEs seek greater transparency and control over their financial decisions, open bookkeeping is emerging as a game-changer. Let us understand their perspectives, which might reveal […]
Read More… from Unlocking Financial Transparency: The Power of Open Bookkeeping
“The future of accounting lies in leveraging technology to deliver real-time financial insights, enabling businesses to make more informed and agile decisions.” – Sue Almond, Global Head of Assurance at Grant Thornton International Ltd With automation now more accessible, the accounting industry is right at the frontier in leading an automatic revolution. Based on a […]
Read More… from The Role of Accounting Tools in Financial Management
In today’s cutthroat business world, do you know where your business stands among industry giants? Are you aware of the metrics that truly measure your financial health against your competitors? Financial Benchmarking isn’t just about numbers—it’s about leveraging them to pinpoint growth opportunities and fine-tune your strategies for maximum efficiency and profitability. Financial Benchmarking is […]
Read More… from Role of Financial Benchmarking in Business Growth
