OUR BUSINESS BLOG

Ensure you - and where appropriate your clients - will not be among the thousands of UK companies that could well end up handing the government a windfall of more than £230 million in penalties if they fail to comply with the new Carbon Reduction legislation.

Recent surveys indicate that around sixty-six per cent of the thousands of businesses which will be affected by new regulations are unaware of their responsibilities - and the possible repercussions on their cash flow.


In these times of difficult finance one option for businesses is to factor the book debt they carry on their sales (accounts receivable) ledger.

It is a perfectly legitimate way in which to raise cash, and it can be appropriate to businesses at the time and under certain circumstances; it is not necessarily the best.