UK businesses have had a rollercoaster of a ride over the last two years with many able to ride out the storm with the ongoing commitment of their funders and the generous round of support initiatives put in place by the Government. One thing has become clear – the importance of good financial planning can make or break a business when the going gets tough. Phil Chesham explains why we all should be encouraging clients to put a financial strategy in place and what they need to consider from a funder’s perspective if seeking out funding.
We all recognise the importance of SMEs to our economy. There are 5.5 million of them representing 99.9% of all businesses, accounting for 16.3 million jobs (61% of the national total) and a combined turnover of around £2.3 trillion (52% of the nation).
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans.
