We did it! CaFE awarded prestigious prize by Fintech Scotland
All of us here at CaFE are thrilled to announce that we have been awarded a prestigious £50,000 prize from Fintech Scotland. This remarkable achievement marks a significant milestone in our commitment to delivering cutting-edge financial solutions, in particular through our cash flow forecasting and budgeting products. Fintech Scotland is an organisation dedicated to fostering […]
We should all share more, not just at Christmas
I was interested to read the results of a survey by software company Codat in The Times, which found that nine in ten small companies would share their trading performance with their lenders if it resulted in lower borrowing costs and more clarity on terms. This tells me there has been a shift in attitudes. When […]
The return of the overdraft
While fewer businesses are borrowing money now that the worse of the pandemic is over, the 38% that still do are making more use of overdrafts. Delays with supply chains, increasing input costs and rising interest rates are all putting a strain on working capital. Overdrafts became hard to come by for small businesses in […]
Oh no, not another crisis!
“Managing cash flow in a crisis can be challenging at a time when customers and suppliers are nervous too.” Whether you think Kwasi Kwarteng is inept or a radical reforming genius, he has certainly rocked the boat. While the Government U-turns itself dizzy, it is left to business owners like you and me to cope […]
Cash flow support for businesses – update
A new study by Simply Business, the small business insurance provider, has found that the cost of Covid-19 to UK SMEs has almost doubled from £69bn estimated a year ago, to £126.6bn now. A year on from the first national lockdown, the new report reveals that SMEs have lost an average of £15,673 in earnings. […]
More new features and a great new look for CaFE
We’re thrilled to announce the latest set of improvements to CaFE, which includes a brand new look and feel to make your use of CaFE easier and more enjoyable. We hope you like it as much as we do. Also included in this release is a new home screen in the desktop version for business […]
QuickBooks releases latest line-up of updates and features
The Autumn release from QuickBooks brings a range of innovative updates and developments, all with the aim of helping small business owners manage their businesses more easily, especially those struggling during the pandemic. Here’s a round-up of the latest changes: Income tax estimates This tool uses information you’ve already uploaded to QuickBooks online to give […]
Four priorities for every small business as lock-down eases
You can’t look at the internet or turn on the TV at the moment without seeing something about the economic damage that the coronavirus pandemic is causing. There are, though, signs of us coming to the end of the worse of the lock-down, which is great news for businesses and the economy. But, just like […]
How to make running a small business more damn fun
I was intrigued by a recent survey by Yorkshire Bank into the state of mind of business owners up and down the UK. According to the research, only 58% of small business owners classify themselves as happy in their day-to-day working lives and 85% are stressed to some level at work. The ‘always on’ culture […]
Late Payment Bill to go before Parliament this week
Watch this space tomorrow (15 Jan). Labour MP and strong advocate of the late payment campaign, Debbie Abrahams, has secured time in parliament for legislation guaranteeing prompt payment to small businesses. Using a technique called “a ten minute rule bill”, if successful, the Public Sector Supply Chains (Project Bank Accounts) Bill will require all payments on […]
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