The Mental Health Consequences Of Debt

The Metal Health Consequences Of Debt

Anyone who has ever owed money will know that feeling you get in your stomach every time you think about it.  That horrible sick feeling like someone is clutching your insides is a constant companion when you’re in debt.  Every time the phone rings, you worry it’s your creditors chasing payment and you find your […]

Does your client’s financial situation affect your business?

Does your client’s financial situation affect your business?

Unless you are a business that provides consumer credit, you may not feel the need to assess your potential clients’ financial situation before you begin to work with them. Credit searching new clients is not a common practice, but there is a place for it. The result of a credit search on a potential new […]

Self-employment and long-term illness – how to protect your business

Self-employment and long-term illness – how to protect your business

If you’re a director of a company and your team and customers heavily depend on you, becoming ill can be a huge hurdle for your business, especially if it’s going to be an ongoing, long-term illness.  In a previous blog, we have talked about the loss of a significant person in the business, and how to […]

How to work successfully with an accountant to ensure business stability

How to work successfully with an accountant to ensure business stability

“Accountants are expensive!” is a phrase we hear often from Sole Traders and Small Business Owners. However, in our experience there are plenty of accountancy firms that are worth their weight in gold. If you think that having an accountant is an unnecessary outlay in your business, we urge you to think again. Not having […]

Christmas retail fails and how to avoid them

store owner in front of shop

The lead up to Christmas is an extremely busy time for retailers, particularly independent businesses. There’s a lot to think about – longer opening hours, increased staffing, more stock needed and ways to outshine the competition. Most businesses will start planning for Christmas in July, and as a retailer you’ve probably already chosen most of […]

How your CRM system can help prevent Insolvency

How your CRM system can help prevent Insolvency

Our job here at R2B Business Solutions isn’t just to step in and save companies from insolvency after things have turned sour, but also to support business owners with planning and prevention to avoid any threat of insolvency entirely. There are very many different strategies we can recommend, and every business is different, but something […]

Snow or sun, how can you protect your seasonal business against insolvency?

Snow or sun, how can you protect your seasonal business against insolvency?

It’s been the hottest summer on record and this has affected the UK economy in several different ways. For some businesses, it’s been a pleasure to soak up the sun and the additional revenue. For example, pubs with beer gardens will certainly have enjoyed a busy bar. Ice cream vendors, air conditioning companies, garden product […]

How can the traditional Estate Agency survive Tenant Fee bans and Online competition?

How can the traditional Estate Agency survive Tenant Fee bans and Online competition?

It’s a challenging time for the traditional high-street estate agency, and we are unfortunately seeing more calls for help from agencies facing financial distress as they try to keep up with a volatile property market and changes in legislation, plus the threat of online-only property sale sites such as Purple Bricks. The latest statistics from […]

Director Personal Guarantees – good, or bad for business?

How can the traditional Estate Agency survive Tenant Fee bans and Online competition?

What is a Personal Guarantee? Lenders, suppliers and landlords may ask a business owner or Director for a Personal Guarantee before agreeing to lend to the business, rent or lease premises to the business, or supply goods on a credit account. If there is more than one owner or Director, all parties concerned will be […]

Five vitally important things to review in your finance regime

Five vitally important things to review in your finance regime

We all know that keeping good financial records is key to business success. Bookkeeping, profit & loss forecasting and cash-flow analysis are all fundamental aspects of running a business that are taught on so many Start-Up courses, College Courses and University Modules. Yet as a business grows, gets busier and becomes more demanding, it’s not […]