FactorONE Blog

As Christmas and New Year celebrations come to an end, it’s back to reality as business owners turn their attention to getting momentum back in their business for a fast start to the new year. At FactorONE, we understand how challenging it can be at this time, therefore, we have the following 8 acti......

The period prior to and following the festive season is probably the most challenging time for any SME business from a cash flow management perspective:   The rush to maximise sales leads to working capital being used intensively. At this time, overtrading can become a very real risk Additiona......

If your business is struggling, there are several options you should consider well before you turn to insolvency or sell off assets. Often, external advisers may recommend formal insolvency and sale or liquidation, when fast improvements to cash flow can have a more immediate impact on the health of......

How long should you have to wait for payment? The ideal answer, of course, would be: “Not at all.” But only a lucky few businesses can operate on a cash-only basis. Most have to offer trade credit to be competitive, and the wait for payment puts pressure on cash flow. Late payments create cash flow ......

It’s important for businesses to regularly review their tax positions and set up strategies to improve their cash flows to make sure they can stay on top of their tax obligations. Failure to do so can result in fines, but often the real pain is in simply having to take your focus off what is importa......

Ask any small business owner about cashflow and most will tell you that late payments are a major cause of headaches and sleepless nights. As a financier of startups and SMEs, our FactorONE team is dealing on a daily basis with entrepreneurs looking to make the most of their working capital and impr......

Poor work-life balance is the epidemic of our time judging by the tomes written on the subject, and it is fair to say that small and medium-sized business owners tend to be one of the greatest casualties. Survey after survey reveals that work-life balance is one of the major concerns for SME owners,......

Ten top tips for cash flow management Small and medium sized businesses are often stretched to breaking point at the end of financial year by slow debtor payments, with average debt turn now taking around 50-60 days, almost double standard trading terms according to Dun & Bradstreet. Tackling la......

A building in an earthquake area is engineered to withstand tremors. A bridge is designed to bear the weight of traffic and resist the pressures of sun, rain and rust. And a business? It needs to stand up to the stress of fickle, price-sensitive customers, fast-moving competitors, an unpredictable e......