Sadly for many businesses this can also be a challenging time. Just look at these dates:
- 26th December – Final Rent quarter of the Year with the next 30 months rent falling due on Boxing Day.
- 30th December – Monthly Payroll Run
- 7th January – VAT due for the November Quarter
- 19th January - PAYE payment
What makes matters worse is that most companies will lose a weeks sales in December and business does not get started till around 9th
January. All in all a challenging time for many companies.
Without proper support, this can be a difficult time unless businesses have financial support in place to support them through this period.
There is no better financing of working capital than invoice finance
and many invoice finance companies will offer additional support to the clients in order to ensure they stay in business.
If you feel that your business needs support over this period contact us
as we have many sources to suit various needs.
Finally Happy Christmas and a Prosperous New Year.