The Chocolate Factory

SMEs are undoubtedly a keystone of the UK's economic recovery, but recent research from venture capital investor Albion Ventures found that one in five SMEs cite cash flow as a major challenge to growth. Interestingly, cash flow concerns are far higher among firms that are increasingly confident about the future. So what should solutions should fast-growing SMEs be aware of to help manage their cash flows?

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The latest round of data from the Office of National Statistics on the performance of the UK’s export market has indicated that the trade deficit narrowed in May – helped largely by a boost in exports of 6.6 percent. The data also indicated that exports to non-EU countries saw a significant increase – suggesting that UK businesses are starting to find work arounds to the Eurozone worries in search of growth. With the world’s eyes on the UK this summer, targeting countries with an appetite for ‘Brand Britain’ is a good way to identify markets to kick-start exporting programmes. With positive export data and the onset of the summer’s events, businesses should feel confident about ongoing trading conditions.

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