Managing your cashflow effectively will keep you in business and help your business to thrive. In good times or bad, knowing what’s coming in – and what’s going out, is vital. Copyright © BHP Information Solutions Ltd.
Potential start-ups can be daunted by the prospect of writing a business plan. But it is not a hard process and a good business plan can secure you financial support. Copyright © BHP Information Solutions Ltd.
Greater assertiveness in business can be the key to getting the best out of your people: increased sales, better customer service, higher productivity, happier staff. Copyright © BHP Information Solutions Ltd.
Work related stress can affect employers as well as employees, which can lead to illness. It is also one of the major causes of absenteeism and loss of productivity at work. Copyright © BHP Information Solutions Ltd.
Few people are in a position to sit back and watch the profits roll in. Creating and increasing profitability depends on doing things better than the competition. Copyright © BHP Information Solutions Ltd.
Customer loyalty matters because selling more to existing customers is easier, and cheaper, than finding and selling to new ones. Loyal customers tend to buy more. Copyright © BHP Information Solutions Ltd.
Finance of £25,000 – £750,000 can be extremely difficult to obtain, with banks requiring security and venture capital firms often not interested. Copyright © BHP Information Solutions Ltd.
The internet enables you to sell online 24 hours a day to customers anywhere in the world through a fully automated sales process. Here’s how to get started. Copyright © BHP Information Solutions Ltd.
Almost a third of small firms highlight the cost of energy as a barrier to the growth and success of their business. Finding energy efficiency savings is the single best way of reducing these costs over the long-term.
One of the most keenly debated subjects of the moment is cyber security – how businesses and individuals are at risk of having their data and identities compromised. Here’s a handy guide.
The Enterprising Regions Report is a collaboration between small business network Enterprise Nation and the Institute of Chartered Accountants in England and Wales (ICAEW). What makes an enterprising region?
Crowdfunding is a way of raising money to finance projects and businesses. It enables fundraisers to collect money from a large number of people via online platforms. What are your options?
Getting the most out of your sales team is essential if you are going to achieve your company’s full potential. But it isn’t always easy. Here’s a guide to help. Copyright © BHP Information Solutions Ltd.
Redundancies can be a fact of life in the smaller business, where carrying surplus staff is a shortcut to disaster. Here’s a guide to help handling it. Copyright © BHP Information Solutions Ltd.
Effective marketing is crucial to the success of any business. But simply understanding your market is not enough. You will need to build on your marketing plans. Copyright © BHP Information Solutions Ltd.
Advertising is the fastest and simplest way for a start-up business to let a large number of people know about its products and services. Advertising can pay off. Copyright © BHP Information Solutions Ltd.
All businesses have a legal right to claim interest from late-paying customers. The statutory right to interest and compensation applies to all of your contracts. Copyright © BHP Information Solutions Ltd.
Buying a franchise allows you to set up your own business without starting from scratch. You use a tried and tested formula, and benefit from the experience of the franchisor. Copyright © BHP Information Solutions Ltd.
Running any business effectively requires good decision-making, which is based on good management information. Here’s a guide to KPIs and how they can help. Copyright © BHP Information Solutions Ltd.
Learn to control your time, you can create a productive working environment for you and your staff. Fail to control it, you can spend your life in a depressing cycle. Copyright © BHP Information Solutions Ltd.
Interviewing is a central part of finding the right person for the job. When done well, an interview is an effective way to find out about if a candidate is right. Copyright © BHP Information Solutions Ltd.
Many dream about starting their own business, but few have the courage, perseverance – or the appetite for the ﬁnancial risks involved to do it. Are you ready to take the plunge and start a business?
As soon as you start a business, you have a legal obligation to your employees, to your customers and to the general public. Insurance provides peace of mind. Copyright © BHP Information Solutions Ltd.
Does when you set your business up make a difference to your tax situation? Which items are eatable? What is tax deductable and what are the implications of doing business abroad?
In a world of change and competition, innovating is not a luxury, it is essential. All businesses need to innovate and leap into the unknown at some point to thrive. Copyright © BHP Information Solutions Ltd.
An unexpected event — such as a break-in, fire, flood or computer failure — could destroy your business. Insurance can cushion the impact of most risks. Copyright © BHP Information Solutions Ltd.
You need finance to back your growth plans. Our popular Business Finance Guide has been UPDATED. For any business to travel on a journey it needs at all points of that journey to be appropriately financed.
Whether you are the managing director or a shift leader, the way you lead is the single biggest success factor for everyone you work with. Leaders change things. Copyright © BHP Information Solutions Ltd.
Small businesses rely on teamwork, just as much as their bigger counterparts. When a small group starts working towards shared goals, it becomes a team. Copyright © BHP Information Solutions Ltd.
Your business data is one of your most important assets, as the information that you store will include your financial records and your customer database. Copyright © BHP Information Solutions Ltd.
Personal development plans (PDPs) provide a strong and flexible way to link your employees’ personal and professional development with that of your business. Copyright © BHP Information Solutions Ltd.
Over the course of a businesses lifetime, you will experience problems getting paid on time, but good credit control helps to prevent this being serious. Copyright © BHP Information Solutions Ltd.
Persuading customers to part with their money may not be easy, however, the actual process is relatively straightforward with a few key pointers. Copyright © BHP Information Solutions Ltd.
Get the packages right and you will attract reliable employees with the right skills to help your business move forward. Get it wrong and you’ll struggle. Copyright © BHP Information Solutions Ltd.
Showing you care for your customers through great service will give you a positive return for the time, effort and money you invest. A loyal customer is well worth nurturing. Copyright © BHP Information Solutions Ltd.
Often the culmination of many years hard work, selling a business can be a hard, time consuming and emotional experience for a business owner. Get it right first time. Copyright © BHP Information Solutions Ltd.
The aim of this special briefing is to encourage the busy startup, or entrepreneur, to stand back for a moment, away from all immediate concerns. Copyright © BHP Information Solutions Ltd.
Effective PR for is a way of accurately communicating with your audience, bringing a wider understanding of your company and values to potential customers. Copyright © BHP Information Solutions Ltd.
Effective Public Relations (PR) will generate good publicity, allowing you to enhance your reputation with your current, and potential, customers. Get it right. Copyright © BHP Information Solutions Ltd.
The rhetoric for change includes words like growth, innovation, outsourcing, redundancy, relocation and diversification. But most changes are minor. Copyright © BHP Information Solutions Ltd.
Branding isn’t just for multinationals with huge budgets: small and medium-sized firms can create an effective brand by examining how the business works. Copyright © BHP Information Solutions Ltd.
While exporting can have significant benefits for a business there are some risks associated with it, not least the longer lead times between providing the goods or services and getting paid.
A presentation is an ideal opportunity to make a sale. You have a captive audience and it offers far more flexibility than a simple email or phone call. Copyright © BHP Information Solutions Ltd.
A ‘new product’ can be a product or a service. It can be the next revolutionary computer chip, or a new holiday package. It can be a risky time, however. Copyright © BHP Information Solutions Ltd.
Getting your pricing right could double your profits at a stroke. But many start-up businesses aren’t sure of the pricing options that are available to them. Copyright © BHP Information Solutions Ltd.
Cutting costs is the simplest way to improve your bottom line. Introducing a cost-control system can bring savings and other business efficiencies. Copyright © BHP Information Solutions Ltd.
Design is not just about the way products and brochures look. It is an essential part of improving your business, making a difference to sales and performance. Copyright © BHP Information Solutions Ltd.
The way you run board meetings says much about how you run the company. Successful companies use board meetings to improve key strategies. Copyright © BHP Information Solutions Ltd.
It pays to consider all options when choosing business premises and not take the first property you see. There are a number of issues you should address when buying or renting a business property.
Many businesses don’t have adequate systems for identifying the amounts of profit or loss generated by different products and services, or even by the business as a whole. But it is vital.
The way a business is financed can have an important effect on profitability, especially when interest rates are likely to change. It may be possible to reduce interest payments on loans or overdrafts.
With many businesses now focusing on investment and growth, the challenge is to find a suitable and affordable finance option for the type of investment they’re planning. This guide sets out the benefits of asset finance.
When running your own business, planning and managing your own cash flow is extremely important. Ensure you take all of your costs into consideration so you can avoid problems along the way.
You are ready to start your business, or have just started operating your business, but do you need to register for VAT? When is the best time to do this? Don’t worry as this free guide covers all of the basics.
Free guide showing why you need good accounting records to satisfy HMRC. When running your own business, it’s vital that you keep a record of all of your outgoing and incoming payments.
When setting up a new business, you have to decide what format your business will take. If you have decided to register as a sole trader, there are some requirements you will need to follow to notify HMRC.
Running your own business can be an immensely rewarding experience. Approximately half a million new businesses start each year in the UK. Decisions taken in the early years can be the most important.
Decisions you take in the early years of your business can be the most difficult as well as the most important, particularly if you are a first-time entrepreneur. Make those crucial first steps with confidence.
When setting up a new business one of the first questions you must answer is ‘Will I need finance to set up my business?’ This might be to fit out a premises, to pay staff while they are training or to buy equipment.
You’re ready to start your new business; you’ve done your research, tested your product and obtained the best advice you can.There are a few more things you need to consider before you start trading.
When you’re setting up a new business, one of the major decisions you have to make is the type of company it will be. Each different format has different implications for tax, ownership and responsibility.
When setting up a new business, you have to decide what format your business will take. If you decide to form your business as a limited company, there are some requirements you will need to follow.
What is the state of the UK Start-Up community in 2015 and how can business guidance play its part in 2016? Download our report for rich insight into how the state of the start-up industry is playing out right now and what can be done in 2016.
Our Run a Successful Business Guide has now been updated for 2014. This report has all you need to know on setting up and running a business, from knowing the right questions to ask to getting the right answers.
A free guide to download with sources of funding and investment for arts, cultural and creative organisations. Britain’s creative success is based on a combination of public and private investment.
View all of our free business guides by category, from managing cashflow to business planning, staff, marketing or finding investment. Simply click the image or the button below.