Financial Guides and Articles
Plain-English guides on business banking, insurance and more.
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Do Sole Traders Need a Business Bank Account?
There is no legal requirement for sole traders to have a business bank account. But in practice, most will benefit from one, and with Making Tax Digital now in effect, the case has never been stronger.
Is My Car Insured? How to Check Your Car Insurance
Not sure if your car is insured? You can check in seconds using the Motor Insurance Database. Here is what to do with the result.
What is Cash Flow in Business?
Understanding cash flow is the most important financial skill for any SME owner. Here is what it means, why it matters, and how to manage it.
Dealing with Business Cash Flow Problems
Cash flow problems kill profitable businesses. Here is what causes them, how to spot them early, and what to do when they hit.
Invoice Factoring Rates
Invoice factoring rates are not a single number — they are made up of several components that most comparison guides do not explain. Here is how the costs break down and what you should actually compare.
Selective Invoice Finance Explained
Selective invoice finance lets you release cash from individual invoices without committing your whole sales ledger. Here is how it works and when it makes sense.
Recruitment Invoice Finance
Recruitment agencies face one of the most acute cash flow problems in business: paying contractors weekly while clients pay on 60 or 90-day terms. Here is how specialist invoice finance solves it.
How to Switch Your Business Bank Account
Switching your business bank account is simpler than most businesses expect. Here is how the Current Account Switch Service works and what to check before you start.
Invoice Discounting vs Factoring
Invoice discounting and factoring both release cash from unpaid invoices. The difference is who chases your customers for payment, and that has more implications than it might seem.
Advantages and Disadvantages of Invoice Discounting
Invoice discounting releases cash from unpaid invoices while you keep full control of your sales ledger. Here is what it costs you and what it gives you.