Access to finance is just one of the issues you may face, but it is critical to consider any funding requirements early on.

Banks and finance providers are ready to assist viable businesses, and you have access to a wide range of advice, guidance, and financing options.

Every business, no matter how large or small, relies on sound financial management. Without it, even viable and potentially profitable businesses will fail.

Every year in the UK, around 400,000 new start-up businesses begin trading, but just two-thirds of those are still in business within three years and just half remain after five years. For the majority of those businesses, it is a lack of cash rather than a lack of customers or poor-quality products or services that is to blame.

Important financial decisions must be made right away, there is no bedding-in period. While some small business owners may have prior business experience or strong financial literacy, many are complete novices.

That’s when having resources to turn to that will guide you through the critical early decisions and financial tasks you’ll face comes in handy.