Guide

Financial advice for seasonal businesses

Introduction

Many businesses - such as those in the farming or tourist sectors and retailers selling Christmas merchandise - do the majority of their trading during a short period each year. The challenges faced by seasonal businesses are unique.

This guide outlines a range of advice for seasonal businesses starting with cashflow planning, which is particularly important as these types of businesses often have to use a short burst of revenue to cover their liabilities for an entire year.

The guide also looks at financing for seasonal businesses, as well as recruitment options, and tax and benefits issues.