Are you thinking of opening a padel court? With padel becoming one of the fastest-growing sports in Europe, now is the perfect time to get involved. This dynamic yet approachable sport is here to stay, attracting players of all ages and skill levels. No finance? No problem, standing at the forefront of leisure finance in … Read more
Blog
Top 5 Tips for Start-Up Chip Shop Owners Starting a fish and chip shop can be an exciting yet challenging venture. With the right strategy and careful planning, you can build a successful takeaway business that stands out in a competitive market. For new and aspiring chip shop owners, it’s essential to understand the dynamics … Read more
Launching or refreshing a fish and chip shop is no small task. In fact, the associated costs can often take business owners by surprise. That’s why more and more are using specialist finance to plug the gaps and afford the very best premises and equipment. But how much are we talking about? What price tag … Read more
What You Need to Know About Personal Guarantees in Business Finance Very few small and medium-sized enterprises (SMEs) have enough cash on hand within their organisation to self-fund growth. Starting or growing your business often means you’ll need external funding. Whether it’s a loan or equipment finance, securing funds can be a challenge. But, what … Read more
Following the recent Labour landslide and last Wednesday’s King’s speech, we have digested and dissected Labour’s manifesto to understand what the finance sector and SME market might face over Starmer’s term. Mark Johnson, Director of Johnson Reed Business Finance, was asked for a “positive” take. With his usual wit, he replied, “Well, it can’t get … Read more
New year, new cheer: Business confidence at its highest in January for nearly a decade! ‘The strongest start to a new year since 2016’ reports Lloyds Bank’s monthly business confidence index with businesses beginning 2024 in upbeat fashion. Interest rate cuts and lower inflation has meant the figure has risen nine points to 44%, from … Read more
Self-Assessment Tax is due annually on 31st January, and straight after Christmas, can add another headache on top of the January blues. However, there are now options for businesses and individuals to help spread the cost of their Self-Assessment Tax rather than having to fork out one whole lump sum. Self-Assessment Funding is available and … Read more
In an industry still feeling somewhat uneasy recently due to its unpredictability; the pre-COVID boom halted by the pandemic, now continuing through soaring overheads, interest rates and inflation, it’s important to focus on what you can control. Companies should be getting investment ready, not waiting for things to improve. To succeed, businesses need to keep … Read more
Everyone knows that cashflow management is make or break for businesses, especially at the beginning of a business journey. Funding is a key component in transferring an idea into a successful business entity and start-up costs/trading differs across industry, size and ambition. This means making the right funding choices at the right time is critical. … Read more
When Johnson Reed was established, almost 20 years ago now, we noticed the distance between SMEs financial requirements and support offered by high-street banks growing larger by the day. That’s why our mission since 2005 hasn’t changed. We want to become the finance partner of choice for SMEs, who are the beating heart of the … Read more