Asset

3 Critical Key Performance Indicators (KPIs’) to use in your Business

3 Critical Key Performance Indicators (KPIs’) to use in your Business

KPIs’ (Key Performance Indicators) are set up for absolutely anything these days from measuring SEO performance to customer satisfaction and it’s easy to get submerged in a sea of indicators. Everyone talks about them and mentions them in such jargon that it is vital to keep a clear head of…

Alternative funding sources for Business – Invoice Factoring

Alternative funding sources for Business – Invoice Factoring

Invoice factoring is a fast way to raise cash by ‘selling’ your invoices to a large factoring company for a fee and who then collect the debts from your customers. It’s different from invoice discounting since the whole credit control function is carried out by the factoring company.┬áIt is usually…

Off Balance Sheet financing – what does it mean?

Off Balance Sheet financing – what does it mean?

It’s a form of financing used to fund assets that do not have to be shown in the balance sheet. And the next question, is why? Well, the nature of the financing is such that the total liability doesn’t have to be recorded on the balance sheet thereby making the…

10 minute Guide to understanding a Balance Sheet

10 minute Guide to understanding a Balance Sheet

What is a Balance Sheet? It is simply a statement of a company’s assets and liabilities at any given point in time. It’s the most useful document in understanding a company’s financial strength and its financial value. The Balance Sheet is sometimes the most difficult statement for business people to…

3 key tips to consider when asking for a business loan from your Bank

3 key tips to consider when asking for a business loan from your Bank

  At some stage in the life of your business, funding will be required if you want to expand or make a major change in the business. You may have decided that this funding is best sourced through a bank loan but before approaching the bank you need to consider…