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Payment Solutions Driven By Perfection
ARRANGE A   CONSULTATION

For any small business looking to grow, enter new territories and cultivate new markets, its vital to have a secure payment solution alongside a strong relationship with a reliable provider. This can streamline your payment services and allow you to focus on your business.

The right payment solution provider will also be able to find and explore new financial opportunities, as well as introduce new payment options that will increase consumer confidence and make it easier for them to make a purchase.

With the UK in the throes of Brexit negotiations, it can be easy for many to forget that, a few weeks earlier, the chancellor unveiled his final spring budget with a lot of the focus on small businesses.

Since the budget, there has been a very public climb-down in regards to National Insurance payments, but there were plenty of other things for small businesses to focus on, such as business rates reform.

Small business owners may not realise it, but the right payment solutions could help them tackle the budget and boost their long-term growth strategy.

Having a strong relationship with the right payment services provider can open up a world of new financial opportunities for any business. Looking to grow your company and enter new markets? Read our blog 'Can a consultative payment services provider boost SME growth?' to find out more.

Find a payment solution provider that lets you focus on your business

A survey in March 2017 by Critical Research discovered that 68% of SME owners are worried by an increase in business rates. At the same time, 31% say this is the single biggest issue currently facing their business.

While 22% are being kept awake at night by the business rates rises, possibly the most important piece of information revealed by the survey is that 35% of SME owners are scared they may not survive over the next 12 months.

It’s important to point out that there have been no business rate rises since last April and that chancellor Philip Hammond has introduced some relief packages to help small business owners. However, many say that this doesn’t go far enough.

At the same time, there’s no guarantee business rates won’t rise in the future, either. So how can a payment solution from a reputable provider help alleviate that worry for small business owners?

Choose payment solutions that lay foundations for business growth

The right payment solution can help in numerous ways. For one, modernising your business with an online and in-store payment solution that’s secure and convenient can delight new customers, keep you ahead of competitors and lay the foundations for future growth.

Partnering with the right payment provider can also help small business owners work with an experienced and passionate team to source new income streams.

While 25% of business owners choose to opt for an overdraft when supplementing their growth strategy, there are better options out there for small business owners to consider. These can include grants and other alternative funding sources.

Partnering with the right payment provider can provide the right support, helping you to cut through the paperwork involved and allow you to concentrate on running your business.

The right payment solution for small businesses can help long-term growth and future success. Fibonatix works with small business owners to better understand regulation, compliance and due diligence as well as methods of streamlining payment systems.

Having a strong relationship with the right payment services provider can open up a world of new financial opportunities for any business. Looking to grow your company and enter new markets? Read our blog 'Can a consultative payment services provider boost SME growth?' to find out more.

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