leasing
According to the FSB Small Business Index (Q3 of 2017), there was a sharp decline in successful credit applications, with only 63% securing external finance. However, the report found that only 12% of businesses surveyed applied at all, suggesting a significant proportion of SMEs are staying away from external finance altogether. A lack of cash flow within the small business community results in less investment in growth, fewer job opportunities and fewer businesses making the transition from small to medium-sized. So why are small businesses so wary of using external funds to support their development?
Offering a fusion between gymnasium, dance, circus and martial arts, Gym City champions ‘the new way to train’; providing a range of ‘unconventional’ fitness classes such as MMA, Muay Thai boxing and pole fitness. The gym is set to host the biggest range of state-of-the-art fitness equipment in any Derby gym to appeal to every member’s training preferences.
The Singh family have enjoyed success as a multi-site operator, occupying sites in Lincoln city centre and its surrounding towns and villages, including Bourne, Bardney and Sleaford. The latest chapter has seen the thriving business take a different direction, settling down to trade from two fixed locations; their popular Sleaford takeaway and restaurant, and a brand new site in Heckington.
At Johnson Reed, we believe the role of a finance partner goes far beyond simply facilitating funds. With many different brokers on the market, it’s important that you choose a partner that can meet your requirements quickly whilst being fully invested in your business and its success. Here are the key qualities that both businesses seeking finance and vendors should look for in a partner.
It’s been another busy year for the soft play industry, and at Johnson Reed, we’re incredibly proud to have been involved with so many new-start ventures, alongside the numerous projects involving existing operators and our repeat customers in the sector! As the market becomes more saturated, as operators it’s important to be vigilant and take the time to regularly review your offering to identify any areas for improvement. Here are just a few ideas to help you boost your business and bring more custom through your doors.
The NFFF is dedicated to raising standards within the industry through offering training at their Academy based near Leeds, in addition to self- study qualifications and the NFFF Quality Award – a scheme rewarding shops that provide top quality fish and chips. Join us for a catch up Media Coordinator, Robert Norris, to discuss member benefits, equipment finance and what’s in store for the fish and chip industry in 2018.
Based in Chapel-en-le-Frith in the heart of the Peak District, Mac Burnham Traditional Butchers is a popular and renowned supplier of locally-sourced meats and quality handmade delicacies. The traditional butchers shop stocks a range of meats, pastries and pies. The nine-year-established family business is owned and run by Mac Burnham, an experienced butcher and featured guest on foody TV favourites, Secret Supper Club and There’s No Taste Like Home. Mac also supplies and delivers meats and speciality pies and pastries to his growing client base of pubs, hotels, restaurants and delicatessens in the High Peak.
First established in 2008, Club Energy Fitness has gone from strength to strength. They specialise in many different types of training; offering studio, cardio, performance, boxing and a ladies zone under one roof. Earlier this year, directors, Gary and Patrick, approached Johnson Reed as the business was looking to relocate to larger premises to accommodate their growing membership base. With the help of Mark Johnson, they were able to quickly acquire their desired equipment though a lease; spreading the cost through monthly repayments over a fixed term.
Based in the heart of Keyworth village in Nottingham, The Key Health Club is a small and friendly privately-owned health and fitness club. Under new ownership from July 2017, it has undergone some major changes and the extensive refurbishment programme across the whole of the club is now complete. With the help of Johnson Reed’s fitness equipment lease facilities, Phil and Elizabeth have replaced all of the gym’s ageing equipment for more contemporary models.