Acquiring the tools, vehicles or raw materials your business needs can put a real strain on cashflow. What factors should SMEs consider when deciding whether to buy or lease?
What are the characteristics of a growth business compared to a small business? Many people start up their business to meet a market need and are happy to keep operating it in a manner that suits their lifestyle or enables them to have flexibility. What they don’t recognise is that if they focused on certain areas of their business, they could be preparing their business for growth and a potential future exit plan.