As a business owner, the start of a new year is the perfect time for us to reflect on the past year’s successes and challenges and set goals for the year ahead. To help you achieve your business goals in 2025, here are the top 5 New Year’s resolutions for business owners, and how we at Acorn.finance can help you to achieve them.
1. Improve Cash Flow
Cash flow is the lifeblood of any business. Without it, you can’t pay your bills, invest in growth, or even keep the lights on. That’s why improving cash flow should be a top priority for any business owner.
How Acorn.finance Can Help:
- Merchant Cash Advance: This type of financing can provide you with a quick infusion of cash to cover unexpected expenses or take advantage of growth opportunities.
- Invoice Finance: If you have unpaid invoices, invoice finance can help you get the cash you need now, rather than waiting for your customers to pay.
2. Reduce Costs
Reducing costs is another important New Year’s resolution for business owners. By cutting unnecessary expenses, you can free up cash flow to invest in growth or improve your bottom line.
How Acorn.finance Can Help:
- Refinance Existing Facilities: By refinancing your existing business loans or mortgages, you may be able to get a lower interest rate and reduce your monthly payments.
- Debt Consolidation: As your business becomes more established different options will open up for funding, allowing you to refinance higher cost debt and reducing your overall debt servicing costs.
- Property Purchase: How is a property purchase listed under Reduce Costs? I hear you ask. Owning your own business premises places you in control of the property and its costs, is an investment for the future but also in most cases mortgage payments are lower than the rent of a similar property. This could be the year to take the plunge!
3. Invest in Growth
While it’s important to be mindful of costs, it’s also essential to invest in growth. By expanding your product line, entering new markets, or hiring new employees, you can take your business to the next level.
How Acorn.finance Can Help:
- Business Loans: A business loan can provide you with the capital you need to invest in growth initiatives.
- Property Purchase: If you need to purchase a new property to expand your business empire, Acorn.finance can help you secure financing for your commercial mortgage and help to finance the deposit to make your purchase a reality.
- Buying a business: This year could be the year to start your growth journey. Whilst we hear so much about visionary founders who create amazing businesses, the reality is that many of us need a ready made business with existing cash flow. Acorn.finance have funded countless business purchases in many sectors since 1997 and are your ideal finance partner.
4. Improve Customer Service
Customer service is key to any successful business. By providing excellent customer service, you can build loyalty, attract new customers, and improve your reputation.
How Acorn.finance Can Help:
- Free Up Cash Flow: By helping you improve your cash flow and reduce costs, Acorn.finance can free up resources that you can invest in improving your customer service.
5. Stay Ahead of the Competition
The business world is constantly changing. To stay ahead of the competition, you need to be innovative, adaptable, and willing to embrace new technologies.
How Acorn.finance Can Help:
- Expert Advice: Acorn’s team of experts can provide you with valuable insights and advice on how to stay ahead of the curve and help with the funding you’ll need to maintain your lead!
Acorn.finance: Your Partner in Growth
At Acorn, we understand the challenges that business owners face. That’s why we offer a wide range of financing solutions to help you achieve your goals. Whether you’re looking to improve cash flow, reduce costs, invest in growth, or stay ahead of the competition, we can help.
Contact Paul Thompson today to learn more about how we can help your business thrive in 2025.