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Keeping on top of your business finances can be hard work, however, being fully aware of your financial situation can help you to plan for the future and prevent unexpected circumstances from harming your business.
When preparing your finances, you should be fully aware of the requirements involved in raising finance and preparing financial forecasts.
The following pages will guide you through some of the most important areas to consider when planning and managing your finances, while the online learning guide can take you step-by-step through the major issues associated with financing a business.
 | Financial Guides & Tools: a user generated online libraryFind and submit useful financial guides and tools such as gross margin calculator, net margin calculator or break even calculator and others. |
How to raise finance to start or develop a business including applying for loans and information about lenders, borrowing and alternative sources of finance.
No matter what sort of business you have, all businesses need to make a profit. It's important to remember sales aren't profit. You must keep an eye on the amount of money left over after selling your goods or services and paying all the expenses.
Explains the importance of keeping good financial records and outlines the basics of financial bookkeeping.
The key to successful cash management is watching and carefully managing your stock, supplier payments and collection of payment from debtors.
Explains the common financial records you need to keep to run your business.
This section will provides information about some of the most common tax considerations facing business operators and employers.
Make the best use of business advisers and mentors by asking the right questions. Use the Find an Adviser service to locate an accountant, lawyer, bookkeeper or business mentor in your area.
