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unemployment rates-uk 2023

UK Unemployment Rates: A Blast from the Past and a Glimpse into the Future

UK Unemployment Rates: A Blast from a Covid Past & a Glimpse into the Future   As history has a knack for repeating itself, the UK’s unemployment landscape offers an uncanny reminder of the challenges we’ve faced and those that might be looming. In the wake of a fresh Covid outbreak in the UK, recent […]

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How to Get a Business Loan for Minorities

How to Get a Business Loan for Minorities (Ultimate Guide)

In the contemporary business landscape, securing the necessary funding to fuel an idea or expand an existing business is paramount. While financial backing is a universal need, minorities often find themselves faced with additional hurdles in accessing these funds, therefore we have put a guide together on how to get a business loan for minorities.

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Midlands Businesses Worst Affected Post-Covid, New Research Shows 

Alarming Rise in Business Deaths Across England Signals Economic Stress Post-Covid   2023 data on business deaths and business births from the ONS reveals a worrying trend of increasing business closures across the United Kingdom, with a sharp 15.36% rise since the beginning of 2020.  Meanwhile, business births – that is to say, new businesses

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commercial-property-life-insurance-

Do I need life insurance for a commercial mortgage?

Understanding Commercial Mortgages and Your Position Owning a commercial property is a significant ambition for many UK business owners. Such a property is more than just bricks and mortar; it’s a testament to the hard work, perseverance, and vision that has brought the business to its current standing. But as one navigates the world of

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Book Debts as A Security for Business Loans

Using Book Debts as A Security for Business Loans

  In the vast and intricate world of business finance, constantly grapple with the challenge of securing funds. Amidst a sea of options, one method has steadily risen in prominence: using book debts as security for business loans. While this approach might sound complex, its core concept is deeply rooted in traditional business practices, and

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Cash Flow Positive vs Profitable (1)

Cash Flow Positive vs Profitable (Detailed Look & Explantion)

  The business conversation around Cash Flow Positive vs Profitable signifies a company’s robust financial health which is the foundation of any organization regardless of size. Our editorial details the difference between being cash flow positive versus being profitable whilst offering invaluable insights into a business’s operational strengths and challenges.   WHAT IS CASH FLOW?

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Starting a Business with No Money

Starting a Business with No Money: A Detailed Guide

Today the entrepreneurial landscape has changed. With passion, resilience, and a strategic approach, you can certainly look at starting a business with no money as a viable option. The traditional way of starting a business has usually required entrepreneurs and business owners external capital investments, get secured business loans, and set up elaborate infrastructure. Here’s

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Hire purchase advantages and disadvantages

Advantages & Disadvantages of Hire Purchase

The British financial landscape is as diverse as it is complex. Among the numerous financing options available to businesses, hire purchase stands out as a popular choice. But like any financial instrument, understanding the hire purchase advantages and disadvantages is crucial for making informed decisions. Let’s dive into the intricacies of this financing method. What

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The Resurgence of Retail Footfall in the UK: What’s Next?

The Resurgence of Retail Footfall in the UK: What’s Next? The British high street has always been the heart of our communities. But with the challenges of recent years, including economic downturns and global crises, the retail sector has seen its share of ups and downs. As businesses, economists, and consumers alike keep a close

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