finance

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Technology is an increasingly integral part of any business, whether it be the bespoke software that manages your operation or the intrinsic IT hardware employees use day in, day out. The initial outlay for the purchase, however, can be incredibly prohibitive to cash flow- and that’s if the funds are even available in the business in the first place!

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As of this month, freerunning has gained recognition from all five sports councils and now has an appointed national governing body, ParkourUK, meaning they will be able to apply for government grants and National Lottery Funding. The official confirmation suggests parkour could potentially become an Olympic and Paralympic sport in future.

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Jungle Versatile Indoor Play (Jungle V.I.P) is an established soft play centre, based in Hounslow, Middlesex. Since opening its doors in 2014, the play centre has accommodated a growing range of activities to cater for its varied audience. We catch up with Director, Evana, to discuss the family business, alternative finance options and the latest addition to the site- Jungle Laser!

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Only a recent addition to the UK market, the application already has 150,000+ products, 250+ manufacturers and generates around £3,000,000+ in quotes each day. Not only does the tool allow you to collate products and work out project costings, but it can also offer you a lease quote from the total cost, provided by Johnson Reed.

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Downey’s was established in 2011, when the family opened their first shop in Seaham. The family-run business has expanded as a result of its success and now occupies more sites along the coastal seafront, with a second shop in Seaham and one in Roker, Sunderland. The original Seaham site recently underwent a significant expansion, and Director, Glen Downey, approached Johnson Reed for assistance with fit-out and frying range costs.

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May outlined her intentions to leave the single market; a route she described as, “a clean break from the EU.”

The 12-point plan also proposes control over the number of EU migrants entering the UK and a continued collaboration with the EU over research initiatives and defence policy, whilst improving relationships between UK nations.

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There are several different methods to consider when making a business investment or purchase, all of which, of course, have their own pros and cons. Whether you’re at the start-up stages or a growing SME, it’s important to weigh up the different options available to you, and carefully consider your business’ financial position before deciding upon the best course of action.

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Danny’s latest venture, in conjunction with business partner, Luke Kousoulou, is VIP HQ. Rather self-explanatory; the new headquarters will provide a base from which he will run his operation and host his clients. However, VIP HQ isn’t just another gym facility in the saturated Essex fitness market. Based in Stapleford Abbots and spanning three acres of land, the new site boasts both indoor and outdoor facilities; a prefab building filled with functional fitness equipment, and a large outdoor army-style assault course.

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For 14 years, Bonkers Play Centre had been operating on the outskirts of the town centre. Director, Sandra Burchell, saw more potential in her business and moved her play area to the centre Swindon’s regeneration, nestled between food courts and popular retail outlets.

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‘Not just another print company’, Altrincham-based County Print have 50 years’ experience in the industry, and have built up a large and dedicated client base. They set out to address a few bottlenecks in their production line, and through a lease agreement with Johnson Reed, they have recently made some IT upgrades, acquiring new hardware and software,