On Wednesday 11th March, Chancellor Rishi Sunak delivered his first Budget in his new role, announcing the government’s tax and spending plans for the year ahead, following uncertain times due to the Coronavirus Disease (COVID-19). Before talking about what it means for the businesses we support at Johnson Reed, here are the key points that … Read more
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The January squeeze is over. How did it treat your finances? Periods like these always seem to ask a little extra from us, such as tax payments and VAT demands, draining funds from other sides of the business. Often, a short-term cash injection can put you right back on track – meaning there’s no need … Read more
Johnson Reed Ltd., business finance, asset finance and financial services specialists, will be exhibiting at Northern Restaurant and Bar 2020, taking place at Manchester Central between 17th-18th March 2020. Exhibiting at stand B43, our experts can be found to discuss any financial plans, concerns or enquiries within the industry. Northern Restaurant & Bar has been … Read more
There’s much to look back on and celebrate in alternative finance. In 2019, the number of leases and loans being taken out by businesses from untraditional sources was already predicted to grow 20.64% on the year before. And the UK is still Europe’s largest P2P lending market. From our perspective as brokers, the last 12 … Read more
Q1 of the new decade is in full swing. Have you acted on your business plans yet? There’s no sense in holding back. Reach out, make connections, and you could soon be in front of several alternative lenders, weighing up a huge opportunity to make good on your business aims. But don’t head in blind. … Read more
Something’s different. As Brexit builds to a close, there’s more confidence in the air. It’s all down to alternative asset finance – and what the Finance Leasing Association (FLA) have to say about it. A fresh FLA report has come at the perfect time. We’d like to highlight the implications for your business and its … Read more
Getting a loan through traditional lending is more difficult than ever. Small and growing businesses can be turned down for all sorts of reasons. Most of these are beyond your control. However, you may genuinely need more information and securities on your side. Even alternative lenders – a much freer source of finance – ask … Read more
Once in a while, you need to serve up something new for your guests. As much as they appreciate consistency, the same meals and concepts aren’t going to cut it forever. Rejuvenating your restaurant could see profits and local interest skyrocket. But a lot of that depends on how you finance these investments. Join us … Read more
Almost every business wants to make money more quickly. However, they often don’t know how to do so, or what can support it. Johnson Reed have seen plenty of cases in which fast finance can streamline the sales journey. Loans and leases aren’t just for equipment – they provide a host of smart choices for … Read more
The festive season may be a gift for your business. More revenue or footfall could be on the horizon, especially in retail and hospitality. However, you may also face a few problems with this extra potential – most of them stemming from cash flow issues. Are staff taking time off? Can you meet supply or … Read more