18 – Franchising

This article is designed as a preliminary guide to those of you who are considering becoming a franchisee or a franchisor. While it provides only an overview, we at Broadoak can provide you with specific financial advice whether considering an investment in a...

17 – Management accounts & KPIs

The majority of SME’s primarily focus on 3 issues; (1) managing & reducing costs, (2) developing new business & growing revenues and (3) ensuring that their business provides the best possible value proposition and/or customer service. Few consider how these 3...

16 – Invoice Finance

In 2016 asset based finance grew by 13%, representing a record £22.2bn. According to the Asset Based Finance Association (“ABFA”), invoice finance represents the majority (80%) of this amount. The balance being finance raised against tangible assets (inventory or...

15 – Asset Finance – a detailed guide

Asset finance (also known as equipment finance) broadly covers a number of finance products and as its name suggests is used to fund specific pieces of property, plant & equipment. Finance packages are provided by banks, specialist providers and finance brokers....

14 – Accounting & financial roles – an overview

From the role of a Bookkeeper to a Financial Director, the different types of financial and accounting positions within a business are often misunderstood. This is further complicated by the considerable overlap between roles & responsibilities. This is by no...