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Matching sales and production cycles
Ensuring a closer match between sales and production cycles can help avoid overtrading.
Payment card security measures
Fraud prevention techniques and your obligation to protect cardholder data that your business stores or transmits.
Advantages and disadvantages of accepting payment cards for sales
Card payments can increase sales, broaden your customer base and cut admin - but watch costs and the risk of fraud.
Funding support for food and drink businesses
Funding support for food and drink businesses in Northern Ireland.
What is a balance sheet and why is it used?
Limited companies and limited liability partnerships must produce a balance sheet as part of their annual accounts.
Compare balance sheets to assess business performance
Use simple balance sheet comparisons to assess business performance internally and against competitors.
Interpreting balance sheet figures
Liabilities, assets, debtors and intangibles can all give you a picture of a business' financial health.
Use accounting ratios to assess business performance
Liquidity, solvency, efficiency and profitability ratio analysis can be used to assess business performance.
Skills support for food and drink businesses
Skills support and development for food and drink businesses in Northern Ireland.
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.
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.
Profit and loss accounting periods and tax
Accounting periods to use for the self-employed, partnerships and limited companies.
Records for producing a profit and loss account or completing a tax return
The financial records you must keep for profit and loss accounts or to complete personal and business tax returns.