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The last few months have been some of the most extraordinary in my working life. Who knew that the first call in mid-March from a longstanding client, asking for a help as he’d had a string of job cancellations, would lead to a flood of pleas for help from much of our client base.  We’ve...
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When Tom Hanks was diagnosed with CoVid back in March, the entire global filming industry shut down over night. Productions were cancelled, and equipment rental companies, post-production facilities, and other service providers all saw future bookings fall over like dominoes and their revenues cease with immediate effect. Everyone was staring down the barrel. The future...
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CBILS – Let Us Help Whilst businesses across the UK Economy gradually resume trading, and we all attempt to identify the new ‘normal’, opinions have become widely divided on so many Coronavirus-related topics. There is one subject upon which (almost?) everyone is agreed: that the (ongoing) cost of the pandemic has been immense, it has...
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When Napoleon borrowed from economist Adam Smith the phrase “a nation of Shopkeepers” to describe the United Kingdom, he later claimed that it was not intended to be insulting but was in fact a recognition that British power, unlike that of its continental rivals, came not from territories or population, but from commerce. The modern-day...
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So, we are a week into dealing with requests for assistance and forbearance from many of our customers, most of whom are predominantly involved in servicing television and film production and live events. The first request came as a direct result of the early cancellation of equipment bookings when live sports broadcasts started being ‘postponed’....
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Often in business it can be considered more productive to seek forgiveness than to ask permission. This may not be one of those times.  Whilst we all face rapidly evolving circumstances and an uncertain future as a consequence of Coronavirus, first thoughts of business owners and their Finance Directors will often be towards the immediate preservation...
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A fellow was stuck on his rooftop in a flood, praying to God for help. A man in a rowboat came by and the fellow shouted to the man on the roof, “Jump in, I can save you.” The stranded fellow shouted back, “No, it’s OK, I’m praying to God and he is going to...
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Last year I wrote that the Battersea-based BSC show was the best show of the year. Fast forward 12 months and it remains a Show that really understands what it’s trying to do. Top-end content production is a growth sector, with the FAANGs confirming their collective commitment to the UK. The Studios, production companies, post-production and rental...
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This time last year we couldn’t believe how quickly twelve months had passed, and the second year has shot by at even greater velocity. I always said that you’re a start-up for the first three years. Only after then can you really assess the business as an established entity, and measure its trends and success...
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Asset finance spreads the cost of equipment purchases over a number of years, which helps protect cashflow and potentially allows a business to grow at a faster rate. The 2 most common forms of asset finance are Hire Purchase (HP) and finance lease, and there are some important differences to consider; The credit and underwriting...
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