Advice on keeping your business afloat such as getting invoice discounting advice, reviewing your spending and asking your customers opinions.

1. Advice on keeping
your business afloat

2. Finance options
O Think you can only get funding when you
are starting out? Wrong! There are a
number of options available to you.
O Go to your bank and get some invoice
discounting advice as this service can be
a big support to your business
O Re-evaluate your spending- could you
save some money and improve your cash
flow?

3. Innovate
O Cloud Computing- Can your employees
work from home via an online network? It
would save you money on an office and
it’s costs.
O Flexible Hours- Can you change the hours
your employees work to save money on
travel tickets?
O Ask your employees if there is a better
way they could work? Ultimately they will
know how to work more effectively.

4. Be social
O Social Networks are free to run and only
cost you the time to keep them maintained
but they can be a great way to encourage
loyal customers as well as attracting new
customers.
O Ensure you are on a few different sites so
you attract a wide range of customers:

5. Constant Reviewing
O It is important to constantly review your
business so you know how you are
performing
O What do your customers think?
O What about your employees?
O How are you spending your money?
O Do you need to sell all you are? If there is
not a demand for it, lose it.

6. Additional Sources
O If you need to know how to get your
business started, check out our collage
O BT Business Insight
O Government Support and Advice
O Invoice Discounting Advice
O UK Government advice
O HMRC