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Use accounting ratios to assess business performance
Liquidity, solvency, efficiency and profitability ratio analysis can be used to assess business performance.
Make sure a business is worth buying: due diligence
Research the new business to ensure it is right for you, use solicitors and accountants to help you.
Buy a franchise
What franchising is, how to find and assess franchise opportunities and how to buy a franchise.
Buy an existing business
Advantages and disadvantages of buying an existing business including how to assess and value it.
Business accounting periods
The balance sheet portrays a business' performance over the financial year or accounting period.
The relationship between balance sheets and profit and loss accounts
How transactions in the profit and loss account can affect balance sheet entries and vice versa.
Existing employees when buying a business
Your legal obligations towards staff already working for the new company.
How to calculate the value of a business
How to find out whether the business you want to buy will be profitable and value for money.
Show strong financial performance when selling your business
How to get your business finances in good order and present your accounts in a clear, attractive way.
Set up a basic record-keeping system
What you need to record and for how long, with step-by-step guidance on setting up your own system.
Profit reporting: how, when and where?
Reporting deadlines, the form to use and who to send it to.
Do all businesses have to produce formal profit and loss accounts?
What types of business have to produce P&L accounts and why they are a good idea for most businesses.
Cost of sales
The base cost of obtaining or creating your product.
Business expenses
Legitimate business expenses for accounting purposes and how to apportion expenses partly for business purposes.
Business angels
How business angels can fund investment in young and growing businesses.
Crowdfunding
What is crowdfunding and how can it be used to finance a business.
Claim loan interest against tax
If you deduct loan interest from your profits you can reduce your business tax bill.
Best practice when playing gigs
Simple tips on how to prepare for your gigs and play memorable live shows.
How to find a venue for your gig
How to find and book the right venue for your live show.
How to approach gig promoters
Understand how gig promoters work and what they expect from you as a band or an artist.