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17 Oct 2019

In honour of National Baking Week we would love to celebrate our brilliant baking shop and dazzling deli in the running to be named Best Small Shop of 2019!

15 Oct 2019

Sports Direct has voiced concerns about the dominance of Adidas and Nike and the high level of supplier power that they have in the sportswear industry.

14 Oct 2019

Chess lists the 7 top benefits of outsourcing IT during uncertain political times.

14 Oct 2019

This year we are delighted to say that there has been a couple of fine food shops shortlisted, this includes a wine merchant and a cheesemonger.

14 Oct 2019

The FCA have announced that on the 9th December 2019 the Approved Persons Regime will be replaced with the Senior Managers and Certification Regime.

11 Oct 2019

Both retailer and visitor registration is now open for CHSI Stitches 2020

9 Oct 2019

Mastercard have announced that from October 2019, Mastercard (and GlobalPayments) systems can support sending an authorisation request containing both the digital wallet and 3D Secure (3DS)...

8 Oct 2019

Over the next 4 weeks we will be introducing a few shops at a time and telling you about the fantastic ways in which they continue to help their communities and why they stood out to the judges.

8 Oct 2019

CyclingIndustry.News is seeking to compile a health report of the UK bike retail channel for the third year running.

7 Oct 2019

Why barbers, beauty salons, vape stores, cafes and tearooms, along with restaurants and bars have been so succesful over the last 3 years

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Looking to expand your business?

Posted on in Business News , Cycles News

For the past year, survival has been the primary and only focus for many bike shops as the retail landscape shifts.

But, are you looking to develop and grow your business?

There are benefits that come with business expansion including the increase in customer reach, sales and profits. Of course, there are downfalls to expanding surrounding a lack of funding and the question of whether or not it is the best time to expand.

With more and more issues arising around climate change and the heightened interest the news and press have taken in reporting on climate change, cycling has become a more popular method of commuting with more than two million people across the UK cycling once a week.

Business finance expert Emily Relph explores the multitude of funding options out there for businesses looking to expand.

  • Online small business loans
  • Invoice finance
  • Crowdfunding
  • Stock finance
  • Commercial mortgages
  • Traditional bank loan
  • Credit cards

Find out more about these different types of loans here.

There are so many different funding options out there for businesses looking to expand. Each with pros and cons of their own and some more suited to a specific business's needs than others.

The key take away from this is that there are more options out there for businesses and increased funding could be the answer for some businesses looking to expand and achieve business goals.

Image sourced from Sundaypapers

 

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