Advice

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Managing cash flow is essential for any business, small or large, and more so now than ever, as it allows a company to keep trading and making money, without managing cash flow, companies could find themselves in debt rather quickly. By definition, cash flow is the money coming in and out of a business, such as … Read more

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Johnson Reed now has access to the Coronavirus Business Interruption Loan Scheme (CBILS), enabling businesses that fit the criteria to apply for a government-backed loan to help support them through a difficult economic period. the loan is a available for an unknown amount of time and has various stages, requirements and processes that must be … Read more

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You may rely on cars, vans, trucks or motorcycles to carry out your daily operation, but we know that acquiring them can be harder than it seems. Total purchase costs are high. It doesn’t matter whether you’re a startup or a more established business with extensive growth ahead, all can come up against a roadblock … Read more

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Foresight is key to any business, but for those in the fast-paced catering and hospitality sector – where consumers’ tastes can change often – it’s even more important. You must work as hard as you can to be proactive with investments, instead of reactive. Costly, one-off purchases may affect the viability of your business plan: … Read more

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It’s no secret that a loan can help your business reach a key milestone. Whether you’re a startup or something more established, you may need to secure non-standard assets that typical lenders won’t finance. A business growth plan might rely on it, or it could be vital in order to carry out the work that … Read more

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Children have their favourites for just about everything. The same goes for your soft play centre. Any business can offer a fun visit or two, but only the best themes are going to do more, generating a strong sense of loyalty in your highly competitive market. For inspiration, here are five such soft play creations … Read more

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The UK health and fitness industry is more in demand than ever. Its value is set to hit £22.8bn by 2020, and gyms and wellness centres make up a considerable portion of those projections. Even so, developing businesses have their own weight to bear. There are several large costs that come with operating a fitness … Read more

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Cash flow is, for many of us, the ultimate measure of business success. When it’s flowing as it’s meant to, everything seems prosperous. But when the opposite is true, your options can narrow in a very short span of time. Some brands find themselves stuck in a financial hole, without a ladder back to cash … Read more

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Buying and replacing equipment is a huge financial burden for any hospitality business – whether it’s a fledgling one with limited funds, or a bigger brand looking to expand without jeopardising cash flow. Catering equipment leasing is a smart alternative to paying for this upfront, but it can be hard to get to grips with … Read more

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Credit scores can be just as frustrating for businesses as individuals. A poor credit score, or a lack of one in the first place, can be a thorn in the side of your plans to grow or invest. Johnson Reed have already written about how to keep your business credit score healthy, so you’re in … Read more