Latest Guides & Tips
How to forecast more accurately
If you already run a business, you will have a trading history and will be able to use this to make decisions about the future. The real challenge is to accurately predict the likely sales revenues. Click to read a guide to forecasting...
Clever cash flow management
Keeping a strong and steady flow of cash running through a business is critical to a company’s long-term success, enabling it to pay its staff on time, fulfill new orders and purchase raw material and even new equipment. Here are a few simple steps to help you avoid the stress of cash drying up.
Debt advice for small businesses
Many small businesses operate on a very tight budget. Figures published by the Insolvency Service during 2005 show that 12,893 companies went into liquidation and 10,839 self-employed people were declared bankrupt. The need for debt advice for small businesses has never before been in such demand.
Checklist: your finances
Cash is obviously vital to the success of your business and keeping track of where it's coming in and going out is of the utmost importance. Use this template to keep an eye on your money.
How to reduce your overheads
Increasing the turnover of your business is not always enough to improve your profit margins. Cost control and reduction of overheads play an important part in managing the margins of small businesses. This guide from SmallBusiness.co.uk and purchasing service Companeo helps you consider your business spending and highlights areas where you can make some easy reductions.
Five strategies to help your business grow
For businesses, increased interest rates are something of a double-edged sword. Low
inflation keeps costs down, but increasing rates means that business borrowers are hit. Often, it’s the early-stage companies that are hit hardest. SmallBusiness.co.uk has these tips to help your business grow and avoid complacency.
Effective cash flow
One of the critical elements of running a successful business is being able to manage your cash flow. Smallbusiness.co.uk and Simon Cowie, head of corporate services at chartered accountants Hall Morrice have these tips for ensuring that your cash flow is managed successfully.
Guide to staying afloat
The early stages of any new business are difficult and survival is paramount. Use these tips to help you through this tricky period.
Top New Year’s cash flow resolutions
With Christmas around the corner and the new year fast approaching, it is a good time to start thinking about what you want to do differently in your business in 2008.
Christmas cash flow tips
As shown by the recent smallbusiness.co.uk poll Christmas can be a difficult time for small businesses as sales fall away over the festive period causing cash flow problems. Follow these ten golden rules to avoid financial headaches over Christmas and into the new year.
