Embed Size (px)
DESCRIPTION
Funding Solutions: Experts in business finance, specialising in invoice finance, invoice factoring & invoice discounting.
Citation preview
Call us today: 0845 251 4040
Join our Network
Recent Posts
Benefits of Invoice Discounting to Businesses
Advantages of Invoice Discounting
How Asset Finance can Grow your Business
5 Benefits of Invoice Factoring
Improve Your Cash Flow with Invoice Finance: Howto Draw Money against Your Unpaid Invoices
Categories
Advice
News
Solutions
Follow Us
Funding Solutions UK
Home Funding Solutions Get a Quote Finance Guides Blog About Us Contact
Can SMEs achieve the Living Wageaspiration….?
In the current market place SMEs are generally pulled from pillar to post with commitments from thefinancial to the ethical, the environmental to the commercial.
Most SMEs survive and thrive by spinning all of these plates particularly well and ensuring all aspectsof their business work in harmony and towards a common goal. The most recent concept beingbrokered by the business community is that of employing workers on a living wage.
Following a recent poll 64% of business owners questioned backed the idea but saw it as anaspirational goal and usually not one that is immediately achievable. Anyone successful in business
Funding Solutions UK Rating
Funding Solutions UK
scored an average of 4.5 / 5. Based on 12
customer testimonials.
Does anyone fancy 2 tickets for the rugby league Challenge Cup Final at Wembley?
Funding Solutions UK @fundingsol
Expand
Broker Insight: Ian Hepworth, Funding Solutions UK | MarketInvoice
Funding Solutions UK @fundingsol
Benefits of Invoice Discounting to Businesses wp.me/p4wXOU-4E
Funding Solutions UK @fundingsol
In July we structured facilities for a well known importer of luxury homeware. We have agreed a £1.5m confidential invoice discounting faci…
Funding Solutions UK @fundingsol
Advantages of Invoice Discounting wp.me/p4wXOU-4B
Funding Solutions UK @fundingsol
knows you are only as strong as your weakest link so when a business has great employees it ishugely important that they feel valued and justly rewarded. It is in the interest of the business to try andretain them and inspire loyalty, being an employer who pays the accepted living wage is just one way todo this.
Funding in business is a balancing act taking loans or funding that, in the long run, will benefit thebusiness and show a return on the initial cost usually through investment in growth and sustainability.SMEs have more funding options than ever to try and achieve this balance, with funding enablingbusinesses to attain the living wage accolade amongst their other business aspirations.
Below is a list of what is seen as the top 5 funding options for SMEs in the UK.
Traditional Bank Loans – Generally less flexible than some other forms of lending but still a viableoption for most in the current climate.
Asset Based Finance and Invoice Finance – The fastest growing form of funding with SMEs,generally it is flexible, reliable and sustainable. With short term contracts now being offered this is anoption that many SMEs are using as an interim growth tool.
Friends and family – Quite often a quick, low hassle option in comparison to some other forms oflending however it should be considered that having a more diverse shareholder base can often lead tostrained relations should the business not succeed as planned.
Crowd funding – Crowd or “peer to peer” funding, where groups of people pool their finances togetherto fund a business venture, is becoming increasingly popular but relies on a good network of businesslinks to work together.
Private equity – This is usually available to businesses in a very strong financial position with goodpotential for growth. This is generally a more expensive option as an investor would usually look forboard representation and sometimes a majority equity position.
It seems that the responsibility of employers towards their staff is once again in the spotlight;businesses that succeed in the future will take heed of societies demand for social responsibility andfor employers to inspire aspirational values and support employees in being financially independent.
In reply to the initial question “Can SMEs achieve the Living Wage aspiration….?” I believe in time theanswer will be “We need to in order to succeed”. Employee expectations are higher than ever and in theextremely competitive market place it is more important than ever those businesses attract the rightemployees for the job. It is generally accepted (though not proven) that if people feel they areremunerated fairly and paid a living rather than a minimum wage for the work they do they will workharder and be more reliable, so for SMEs to grow their business, support their employees in this wayand by extension wider society, more may soon look for alternative business funding options such as
those detailed above.
http://www.fundingsolutions.co.uk
MORE FROM MY SIT E
GOOGLE +
Ian HepworthPosted on May 28, 2014 by Ian Hepworth by Ian Hepworth. This article was posted in News. Bookmark thisarticle.
The Advantagesof Asset FinanceOver TraditionalCredit Facilities
Welcome Improve YourCash Flow withInvoice Finance:How to DrawMoney againstYour UnpaidInvoices
Merry Christmasfrom FundingSolutions!
How AssetFinance can Growyour Business
Why Use AFactoring Broker?
Follow 0
GeneralHome
Funding Solutions
Get a Quote
Finance Guides
About Us
Contact
ServicesInvoice Finance
Credit Insurance
Asset Refinance
Asset Finance
Invoice Factoring
Invoice Discounting
Lender Services
Import Finance
OtherFAQs
Testimonials
Recent Deals
Blog
Sitemap
Enter your email address...
Sign up for our eNewsletter
Connect with us:
Please call us on - 0845 251 4040 | Alternatively email [email protected]
Funding Solutions Limited, The Lansdowne Building, 2 Lansdowne Road, Croydon, Surrey, CR9 2ER
© 2009-2014 Funding Solutions
About Ian HepworthFunding SolutionsView all posts by Ian Hepworth →
