We are excited to announce the launch of our new dedicated Snowball Advisory business, which sits within our Snowball Group of businesses. Through Snowball Advisory we utilise our passion, expertise and experience to provide businesses with the best advice for their strategic, funding and growth needs. We offer a truly…

I’ve previously warned of the dangers of spreadsheets and formulas and assumptions and how small errors can make a big difference. There have been some high profile and expensive mistakes using spreadsheets. JP Morgan Chase had in one case accidentally added two cells in a spreadsheet instead of averaging them…

Many retailers looking to take on new leases are insisting on the inclusion of so called ‘Pandemic Clauses’ to protect them into the future. The clause automatically reduces rent payments where the shop is forced to close in a lockdown scenario. Often the reduction is around 50% and includes situations…

Time is now running out on applying for the Coronavirus Business Interruption Loan Scheme. Over £15.45bn has now been lent under the scheme and £38bn has been lent under the smaller Bounce Back Loan Scheme. Key elements of CBILS are:   Finance from £50,001 to £5m Via loans, overdrafts, invoice or…

Over the past 4-6 weeks the economists and commentators have been speculating on what type of recovery we will see. Every recovery shape has a letter that resembles the graph of decline and then recovery, and during this time we’ve had the V, U, W, L and Nike Swoosh shape…

Time for a book review, and another book I just could not put down. However, this is definitely not like the Stephen Schwarzman ‘What it Takes’ book on how to run and grow a huge business. This is what not to do!! The Billion Dollar Whale book by Tom Wright…

Gymshark may not yet be a household name to everyone, but if its founder and ‘Keeper of Vision’ Ben Francis has anything to do with it, it will end up right up there with the likes of Nike and Adidas. Gymshark is a UK clothing brand focused on gym clothes…

CBILS DEADLINE DATES There seems to be a bit of misinformation going around at the moment regarding CBILS and when it is going to finish. The facts are that as at today, i.e. 20th August: – The CBILS Scheme will end for applications on 30th September 2020 – However funders…