Bank of England base rate has stood at an all time low since 2009. So are you ready for rates to go up? The base rate of interest drives borrowing costs. Whether you are borrowing on a base rate linked loan or any other APR driven loan, your costs will rise when base rate does.
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Bridging Finance Back in the early 1990’s bridging finance was a popular way of financing house purchases, of bridging the gap between purchase and sale. From the late 1990’s onwards the residential bridging market became less popular, with lenders only looking at ‘closed’ bridging finance, in other words where contracts had already been exchanged. In
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We have talked about how your personal credit rating works in a previous post, now we look at how your personal credit rating can impact, or hurt your business. Business Products We all need third party products to make our business work. Sometimes these are time saving or convenience products, sometimes they are 100% key
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Alternative business loans are fast becoming less of an alternative and forming a key supplier of good business finance. Peer to Peer lending, or crowdfunding as it is sometimes know is fast establishing itself as a key route to finance for small and medium sized businesses. In 2013 one supplier lent £120m to UK business.
-> Continue reading Alternative Business Finance To Reach £400m in 2014
Business borrowing is normally classified in terms of cost as a combination of the following; Interest rate Arrangement fee Legal costs Security costs Exit (or any other) fee Most borrowers will be driven to judge value based on the above, but what is your cost of business borrowing? Business Borrowing For now let us ignore
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How do you know when your care home is performing well? Clearly one of the key signals will be your CQC/CCSIW assessment and that of the Environment Health report regarding the kitchen. These are important key performance indicators (KPI’s) and are helpful for telling prospective clients how you perform. There are many other measures and
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In part 1 we looked at some basic networking mistakes and some top tips to get more from the networking events you visit. Now we will look at some easy ways to ‘work the room’ and get speaking to the people who you can work with. Networking is about building relationships. It is the first
-> Continue reading Better Networking For Your Business (Part 2)
I am often asked where is the place for the printed word in the electronic age? If you look at it logically there is no reason why 90% of written communication shouldn’t be in an electronic form! Think of the saving in paper, energy, time and resources. Then think how bland, how boring life would
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