Cash flow challenges are a persistent struggle for small business owners. Even when sales are steady, running out of cash reserves at critical points of the month can feel like a losing battle. But why does this happen, and how can you turn the tide?
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The recently announced Autumn Budget 2024 has highlighted key financial challenges for UK businesses, particularly with the increase in National Insurance (NI) contributions. For many businesses, higher NI costs mean a significant uptick in operational expenses, creating pressure on cash flow and forcing leaders to seek alternative funding sources.
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