The UK Government's Growth Guarantee Scheme, launched in July as a successor to the Recovery Loan Scheme, is designed to assist small businesses by providing them with accessible funding up to £1 million, marking a significant shift towards growth-oriented financial initiatives. The scheme,
Return on Assets (ROA) is an essential financial metric that offers valuable insights into a company's operational efficiency and asset management. With its ability to measure a company's profitability relative to its total assets, ROA has become a key tool for corporate management,
Managing cash flow is an age-old challenge that frequently afflicts small businesses. Cash flow issues are cited as the primary reason for the failure of 82% of small enterprises, according to various reports. Late payments, administrative burdens, and inefficient financial processes further
The realm of finance is undergoing a seismic shift thanks to the widespread adoption of Artificial Intelligence (AI). AI is not just a buzzword; it offers tangible improvements across multiple facets of financial operations, from customer service to risk management. The integration of AI
Navigating the intricacies of the modern business environment requires a nuanced approach, especially for Chief Financial Officers (CFOs) of middle-market companies. These firms, vital cogs in the global economy due to their agility and growth potential, face an evolving landscape impacted by
In today’s ever-evolving economic landscape, small businesses form the backbone of innovation and economic growth. However, securing the necessary financial resources to fuel their visions and operations remains an increasingly daunting task. Recent research conducted by Novuna Business Finance u
