Forbes Burton

2024 Insolvency Statistics: Calm Before the Storm?

Robbie Meechan — Tue, 21 Jan 2025 14:36:45 +0000

Now that The Insolvency Service have released their corporate insolvency figures for December 2024, we can finally start to look at 2024 as a whole. It’s been a topsy-turvy year in terms of insolvencies but despite some monthly increases from 2023, the year actually rounded itself off with fewer company closures than its predecessor. An […]

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What is Seller Financing for a Business?

Robbie Meechan — Thu, 16 Jan 2025 15:47:31 +0000

With a large amount of business deals involving seller financing in one way or another, it should come as no surprise that it offers a number of benefits for buyers and sellers alike. But what exactly is seller financing for a business, and does it make sense for your particular situation? What is […]

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Small Business Marketing Consultant – Is Hiring One Worth it?

Robbie Meechan — Thu, 09 Jan 2025 09:39:23 +0000

We’ve all seen multi-million-pound marketing campaigns arranged for huge corporations such as Coca-Cola or Apple, but can you find a small business marketing consultant that can provide similar help for SMEs? Luckily, there are. In fact, we even offer a comprehensive marketing service ourselves at Forbes Burton with qualified marketeers, but does using the services […]

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Flat Christmas Period Piles on Pressure for UK Retailers

Robbie Meechan — Tue, 07 Jan 2025 14:57:56 +0000

Dwindling footfall became yet another worry for retailers as customers stayed away from the high street over the festive period. The news comes shortly after our distressed business list highlighted the sheer number of big brands that had to close or struggle over the course of 2024. MRI Software conducted research into footfall in UK […]

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UK’s Distressed Businesses List 2024

Robbie Meechan — Thu, 19 Dec 2024 13:08:35 +0000

An estimated 146,500 workers either lost their jobs or were at risk of redundancy this year. 441 banks and 115 Post Offices close, restricting banking services for those without internet access. The high street loses around 8,000 branches of household names. A surge in the number of breweries struggling, with around 900 jobs lost or […]

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How to Manage Small Business Finances in 2025 and Beyond

Chris Leadley — Wed, 18 Dec 2024 09:33:56 +0000

The last few years have left directors anxious about how to manage small business finances in the face of so many challenging circumstances. Years on from the COVID-19 pandemic, businesses are still wrestling with its ramifications, and have had a cost-of-living crisis, a Russian invasion, and soaring interest rates to contend with since. All of […]

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What Went Wrong for Typhoo Tea?

Robbie Meechan — Tue, 26 Nov 2024 10:31:43 +0000

UK tea manufacturing stalwart, Typhoo have recently called in administrators from EY to oversee a possible rescue deal. The troubled brand is one of Britain’s best-established tea companies, having first started trading over 120 years ago. Typhoo’s Chief Executive, Dave McNulty explained that a notice has been filed at court “which affords the company some […]

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How a Business Growth Consultant Can Supercharge Your Company

Robbie Meechan — Wed, 20 Nov 2024 11:00:33 +0000

While it’s clear what a business growth consultant aims to do, there’s still some ambiguity over how they actually achieve growth. Do they set up a desk in your office and start to take over? Do they encourage you to spend more than you have? Or do they stay away and just provide pithy self-help […]

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How to Sell a Business – A Simple Guide

Robbie Meechan — Tue, 19 Nov 2024 13:46:52 +0000

Those looking for advice on how to sell a business can be excused for finding all the information somewhat dizzying. Like most things, selling your company can be tricky if you’ve not done it before. There are multiple pitfalls that can arise if corners are cut, or you make the wrong choice when enlisting an […]

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How to Buy a Business – A Simple Guide

Robbie Meechan — Tue, 19 Nov 2024 07:22:41 +0000

Making moves to buy a business that’s already established is the perfect way to become a business owner. Not only do you avoid all of the struggles involved in building a startup from scratch, but you also get to see that the business is viable before you invest any money into it. Everything from staffing […]

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