Hargreaves, Brown & Benson’s Post

Funding your business is like putting the right kind of fertiliser around a tree when you plant it, it builds strength and resilience so that the first obstacle doesn’t defeat the business. Accounting Heart Director, Sonia Gibson, shared her thoughts on business funding in this article published by Business Business Business. #smallbusiness #finance #womeninbusiness #businessgrowth #success https://lnkd.in/gM4dDus4

Having strong business credit will give you access to the capital you need to build and grow your business at decent interest rates. Here is why that matters. #BusinessCredit

👇 Are you looking to finance your business? 😕 Confused by the options available and what the best choice is for your circumstances? 👌 Rushtons, Chartered Accountants is always happy to advise. 🙌 Here’s what you need to know about the types of finance available and factors a bank considers when offering finances. https://lnkd.in/gnijfkfs

📈 5 Benefits of Business Credit 📈 Are you a business owner looking to elevate your company’s financial health? Here are five compelling reasons to build and maintain strong business credit: 1️⃣ Improved Cash Flow: Business credit allows you to purchase necessary supplies and services now and pay for them later, keeping your cash flow steady and your operations running smoothly. 2️⃣ Better Financing Options: With a solid business credit score, you can secure loans and credit lines with more favorable terms and lower interest rates, fueling your growth without excessive costs. 3️⃣ Enhanced Credibility: A good credit history demonstrates your company’s reliability and financial responsibility, making it easier to establish trust with suppliers, partners, and clients. 4️⃣ Higher Credit Limits: Unlike personal credit, business credit often comes with higher limits, providing your business with the funds needed to take on larger projects and invest in opportunities. 5️⃣ Separation of Personal and Business Finances: Building business credit helps keep your personal finances separate from your business finances, protecting your personal credit score and personal assets. Ready to take your business to the next level? Start building your business credit today! 💪✨ #BusinessCredit #EntrepreneurLife #SmallBusiness #BusinessGrowth #FinancialHealth #CreditScore #BusinessTips #SuccessMindset #FinanceFriday

Are you building business credit for your company? While most people are keenly aware of the power of good personal credit, business owners often overlook the transformational advantages of building strong business credit. From unlocking access to capital to protecting the owner and boosting reputability, building business credit is a smart move for any business. Read more about it on the Lili blog: https://ow.ly/42Wh50TrtSw #BusinessCredit #SmallBusiness #Finance #SMBs #BusinessGrowth #Lili

𝐓𝐢𝐩𝐬 𝐟𝐨𝐫 𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐅𝐢𝐧𝐚𝐧𝐜𝐞𝐬 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞𝐥𝐲 As a small business owner, managing your business finances effectively is very crucial for the growth and sustainability of your business. 𝐻𝑒𝑟𝑒 𝑎𝑟𝑒 5 𝑝𝑟𝑜𝑣𝑒𝑛 𝑡𝑖𝑝𝑠 𝑎𝑛𝑑 𝑠𝑡𝑟𝑎𝑡𝑒𝑔𝑖𝑒𝑠 𝑡ℎ𝑎𝑡 𝑐𝑎𝑛 ℎ𝑒𝑙𝑝 𝑦𝑜𝑢 𝑚𝑎𝑛𝑎𝑔𝑒 𝑦𝑜𝑢𝑟 𝑏𝑢𝑠𝑖𝑛𝑒𝑠𝑠 𝑓𝑖𝑛𝑎𝑛𝑐𝑒𝑠 𝑚𝑜𝑟𝑒 𝑒𝑓𝑓𝑒𝑐𝑡𝑖𝑣𝑒𝑙𝑦: 1. 𝑰𝒎𝒑𝒍𝒆𝒎𝒆𝒏𝒕 𝑩𝒖𝒅𝒈𝒆𝒕𝒊𝒏𝒈 𝒂𝒏𝒅 𝑭𝒐𝒓𝒆𝒄𝒂𝒔𝒕𝒊𝒏𝒈: A well-planned budget helps control your spending and allocate resources efficiently, while forecasting predicts future income and expenses, aiding in strategic decision-making. 2. 𝑷𝒓𝒊𝒐𝒓𝒊𝒕𝒊𝒛𝒆 𝑪𝒂𝒔𝒉 𝑭𝒍𝒐𝒘 𝑴𝒂𝒏𝒂𝒈𝒆𝒎𝒆𝒏𝒕: Monitor cash flow meticulously to ensure you have the necessary capital to meet financial obligations and maintain a healthy cash balance. 3. 𝑰𝒏𝒗𝒆𝒔𝒕 𝒊𝒏 𝑮𝒓𝒐𝒘𝒕𝒉: Set aside money for growth opportunities, which can allow your business to thrive and move in a healthy financial direction. 4. 𝑬𝒏𝒔𝒖𝒓𝒆 𝑷𝒓𝒐𝒑𝒆𝒓 𝑩𝒐𝒐𝒌-𝒌𝒆𝒆𝒑𝒊𝒏𝒈: Maintain accurate records, follow proper book-keeping procedures, and track your finances regularly to ensure they're not loose ends. 5. 𝑫𝒐𝒏’𝒕 𝑩𝒆 𝑨𝒇𝒓𝒂𝒊𝒅 𝒐𝒇 𝑳𝒐𝒂𝒏𝒔: Loans (business credit) can provide you with the capital needed for equipment purchases or team expansion, helping you boost cash flow and facilitate growth. An example of a good company that helps businesses with credit to facilitate their growth is 𝐁𝐞𝐞𝐥𝐬 𝐅𝐢𝐧𝐚𝐧𝐜𝐞. With over 300+ small businesses empowered with business credit to enable them thrive over the past one year, they've set a remarkable pace and goal to help even more businesses like yours grow with the supply of business credit. 𝐖𝐀𝐍𝐓𝐈𝐍𝐆 𝐓𝐎 𝐆𝐈𝐕𝐄 𝐈𝐓 𝐀 𝐓𝐑𝐘? Download the 𝐁𝐞𝐞𝐥𝐬 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐩𝐩 on PlayStore using the link below 👇 https://lnkd.in/d5AbQHGp Register and follow the instructions thereafter! 𝑇𝑜 𝑎 𝑏𝑙𝑖𝑠𝑠𝑓𝑢𝑙 𝑏𝑢𝑠𝑖𝑛𝑒𝑠𝑠 𝑤𝑒𝑒𝑘, 🥂 #Finance #Business #Credit #Loan #Growth

🚀 Why Every Business and Cooperative Needs a Business Account 🚀 As a business, having a dedicated business account is absolutely essential! Follow me as we explore the benefits of business accounts: 1️⃣ Separation of Finances: Keep your personal and business finances distinct, making accounting and tax filing a breeze. 2️⃣ Credibility: Show professionalism to customers and suppliers by transacting through a business account, building trust and credibility. 3️⃣ Expense Tracking: Easily track business expenses and income, simplifying financial management and ensuring you stay on top of your finances. 4️⃣ Tax Purposes: Simplify tax filing by having all your business transactions neatly organized in one place. 5️⃣ Access to Specialized Services: Unlock a range of specialized banking services tailored to business needs, such as business loans and merchant services. Don't overlook the importance of a business account – it's a fundamental tool for the success and growth of your business! 💼💳 Curious about anything? I am readily available to respond to your questions. 🤗 #BusinessTips #FinancialSuccess #Entrepreneurship I am Catherine Danlami, a Business Banker//Relationship manager. I provide financial assistance to businesses and help them achieve their business goals.

How effectively are you managing cash flow in your business? It's a common challenge, and the strategies you implement can make a huge difference in your financial health. The latest insights from an article outline essential strategies that tackle cash flow improvement, which is crucial for businesses, especially for those navigating the uncertainties of the current economic climate. It emphasizes the importance of forecasting, understanding your cash flow cycles, and the potential benefits of tightening credit policies and reducing unnecessary expenses. Implementing just a few of these strategies could lead to significant improvements in how your business operates. I'm curious to hear how others are tackling cash flow challenges. Have you found success with specific strategies? Share your experiences! https://lnkd.in/g2HWak5E

Well-managed cashflow can mean the difference between a business that thrives and one that struggles to keep up. https://bit.ly/3vQc9Rg #Cashflow #Strategy #BusinessPlanning

𝟒 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐫𝐨𝐛𝐥𝐞𝐦𝐬 𝐚𝐧𝐝 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐂𝐚𝐧 𝐃𝐨 𝐓𝐨 𝐒𝐨𝐥𝐯𝐞 𝐓𝐡𝐞𝐦 Find out below by clicking the link: ⬇️ #businesses #business #financial #businessfinancial #financialproblems #cashflowmanagement #overheadcosts #capital #debtmanagement