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19 Aug 2019 | 1 comment

Cytech will be demonstrating key practises in bike maintenance at The Cycle Show 2019 that will be useful for both the trade and public.

16 Aug 2019

New for 2019, the Cycle Show are running a trade facing conference, "Show me the money: How to prosper in challenging times"

14 Aug 2019

With less than three weeks to go until Cycle September, Love to Ride have announced a few things to get you motivated!  

14 Aug 2019

Great news for the creative industries!

14 Aug 2019

The IRC recommend small shops within creative industries to enter the competition and represent the industry with pride!

14 Aug 2019

Represent the outdoor sector and celebrate local outdoor shops around the UK

12 Aug 2019

The ACT has been shortlisted as a finalists for the Cycle Advocacy Award!

12 Aug 2019

The free cycling Marketplace which has been built for the local bike shop community and public alike.

9 Aug 2019

Small businesses are encouraged to think big for Small Business Saturday!

8 Aug 2019 | 2 comments

After 15 years at the helm of Cytech at ATG Training, Julian Thrasher (aka Jules), is moving on to a new role at Madison.

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Looking to expand your business?

Posted on in Business News , Cycles News

business successFor 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.

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