Category: Tips and Guides

The ‘Great British Home Energy Roll Over Trap’: Don’t Get Caught!

  What’s the ‘roll over trap’? The ‘roll over trap’ is how energy companies make profit from customers who’ve switched one year, but then forgotten to do it again.  And it’s a tactic that generates some big energy companies up to £300m a year in earnings. Here’s how it works:  You shop around for a cheap […]

Simple ways SMEs can prepare for Brexit Britain

We all know that the UK is leaving the EU’s single market. And depending on your political and economic views, this could be a good or a bad thing – only time will tell.  As businesses we can’t control the outcomes, but we can and should take steps to navigate the uncertainty. Here are some practical tips, […]

Turning the Tide on banking for SMEs

We love new businesses that aim to make life easy for small and micro businesses, especially those than cut through the painful processes of bigger businesses and can solve your problems quickly and easily. Our latest discovery is Tide. So what’s Tide? Tide is a challenger banking service, designed especially to help micro and small businesses […]

Is business energy cheaper than domestic energy?

Many of our customers ask, “is business energy cheaper than domestic energy?” This question isn’t surprising because, according to the Office of National Statistics, more than 2.1m people now work from home. Many of these are what we call SOHOs (single owner home operator businesses) and micro businesses with 1 to 9 employees. Sometimes they […]

Latest SME Finance News

Finding a lender just got easier for SMEs You could be forgiven for thinking the UK is an economy comprised of banks. They’re always in the headlines. Things didn’t go to well for them in 2008. And, they’ve made their feelings on Brexit pretty clear! But the reality is the UK is actually a nation […]

Fraud affects 1 in 4 small businesses every year

Last year fraud losses to SMEs were estimated at £18.9 billion according to the Action Fraud team, City of London Police, the national policing lead for fraud. At Energy Scanner we spend a fair bit of time talking to other businesses in the community so we can better serve them. We’ve noticed a familiar theme. […]