This is a trade facing website. Visit the ACTís consumer site thecyclingexperts.co.uk for information and advice on cycling and find your local independent cycle retailer.
The Association of Cycle Traders
This is a trade facing website.
Visit the ACTís consumer site at thecyclingexperts.co.uk.

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Results: 1-10 of 1818


21 Jan 2020

The ACT are back at iceBike* for 2020 and will be on hand to explain to IBDs how Ride it away retail finance partner V12 can help to maximise sales and profits

21 Jan 2020

The Committee of the APPCG will be changing their name to the All Party Parliamentary Group for Cycling and Walking

20 Jan 2020

On the 12th November the APPCG is hosting the first ever Cycling Showcase in Parliament

20 Jan 2020

Recent findings show that over 40 per cent of shoppers areunaware that missing payments when using a Buy Now Pay Later service could harm their credit score.

15 Jan 2020

This years iceBike* will once again see The Bike Shop take up a central position to help advise retailers on POS and merchandising best...

15 Jan 2020

At £8.72 per hour, the National Living Wage will rise by 51p in April from its current rate of £8.21

17 Dec 2019

Retail Week Live is an inspirational two-day retail conference that provides leaders with the ideas, insight and networks to lead through digital transformation and win greater consumer...

12 Dec 2019

There is now less than one month remaining for UK-based independent bike shops to participate in CI.N's annual Retail Channel Study

12 Dec 2019

The UK general election is happening today on the 12th December 2019.

11 Dec 2019

The Strava "Year in Sport" report was published on Wednesday and released various statitstics about cyclists across the UK

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Looking to expand your business?

Posted on in Business News , Cycles News

For 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.

Image sourced from Sundaypapers

 

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