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Financial Management – Do you know your numbers?
One of the most important things a business owner should know, is “their numbers”. Do you know how well your business is performing and in which areas? Do you know who you owe and who owes you? Can you afford to make upcoming payments and meet your financial obligations?
Bookkeeping for Business Owner
Business owners often handle their own bookkeeping when they first start out, as they are time-rich but money poor. However, bookkeeping isn’t a skill you acquire simply by registering a business. But with a robust process, great software, a little training, and someone to call when you’re unsure, it is possible to do this well, even as a novice.
Pricing for Maximum Profit
Are you charging enough for your products or services to allow you to provide a service you are proud of and that allows you to not become a busy fool? Are you confident that you are charging the correct price for your goods or services?
Navigating the Latest Budget: A Survival Guide for Small to Medium Businesses
The Budget announced on October 30th will bring substantial changes for many organisations, resulting in increased costs. So, how can we navigate these changes and still maintain profitable businesses?
North Yorkshire Stars Programme Announces New Cohort to Propel Businesses Towards Investment Success
The York & North Yorkshire Growth Hub, in collaboration with Lifted Ventures, is thrilled to announce the launch of the new cohort for the highly successful 'North Yorkshire Stars' Investment Readiness Programme. Following the significant achievements of the previous cohort, this initiative aims to support and prepare a fresh group of regional start-ups and early-stage businesses for investment opportunities.
The importance of having a robust debt collection strategy for your business
Efficient debt collection is a key driver for growth in a business and a fundamental part of operating with healthy cash flows. It’s because, without the cash available when it’s needed to run the business day-to-day, there’s a risk of falling into financial decline.
What are the finance options for a struggling company?
Running a struggling company in financial difficulty is certainly challenging. However, with so many different finance options now available that don’t involve the high street banks, be reassured that you can quickly secure the cash injection you need and get back on track.
How to write a good business plan
Organisations such as the Start-Up Loan Company...
Interest Free Loans for Food and Drink Businesses
The Loan to Equity scheme provides a unique opportunity for eligible applicants, offering an interest-free loan of up to £100,000 over a 12-month term.
Peer to peer lending Q&A
Looking for an alternative route to financing your business? Peer to peer (P2P) lending is one of the options.
Claiming expenses when running a small business from home
Claiming expenses when running a small business from home can be complex. As such, we are going to help you get to grips with what you can claim for...
How can I predict the revenue forecast for my business?
Predicting your revenue forecast and expenses when starting a business is one of the most important, yet neglected, areas of business planning.