Financial planning
Balance sheets: the basics
Balance sheets show a business' assets and liabilities and can help you assess a business' financial health
Budgeting and business planning
Why business planning and budgeting are important and how to include them in the daily running of your business
Financial and management accounts: the basics
How to file financial accounts, understand types of management accounting and use analytical accounting tools
Set up a basic record-keeping system
What you need to record and for how long, with step-by-step guidance on setting up your own system
Set up a simple profit and loss account for your business
The financial records you need to keep in order to report your profit or loss
Cashflow management: the basics
Neglect your cashflow and you risk insolvency - this guide takes you through the essential rules you need to follow
Identify potential cashflow problems
Find out how to use cashflow forecasts and business plans to avoid financial problems
Managing a business during a recession
Run your businesses more effectively when economic conditions are tough or unpredictable
Investment appraisal techniques
Techniques for assessing potential investments and key factors to consider
Advice for seasonal businesses
How seasonal businesses can plan their cashflow, staff and stock levels and other activities
Avoid the problems of overtrading
How expanding businesses can match production and order cycles using gearing, working capital or quick ratio tests
Manage your suppliers
How to get the most from your suppliers
Invoicing and payment terms
How to devise payment terms and an invoicing system to maintain a healthy cashflow
Identify which VAT scheme your business is eligible to use
This interactive tool will help you to identify which VAT scheme is right for your business
Assess the health of your business
Use our interactive tool to assess how well your business is currently performing
