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Set up a profit and loss account for your business
The financial records you need to keep in order to report your profit or loss.
How to avoid overtrading: example
A case study of how to avoid a situation of overtrading and the potential disaster it causes.
Assessing your cash needs: creditors and debtors
Debtor days ratios and creditor days ratios estimate how long you take to pay debts and customers take to pay you.
Example of overtrading
A case study of a situation of overtrading and the potential disaster it causes.
Business start-up challenges for unemployed people
Guidance on starting your own business when unemployed and how to overcome any potential challenges along the way.
Business banking services offered by European banks
The different business accounts and business services offered by European banks.
What you will need to set up your business account in Europe
The documents that banks in Europe will require you to submit before you can open your business bank account.
Assessing your cash needs: assets and liabilities
Gearing ratios, working capital ratios and quick ratios are useful tools to compare assets and liabilities.
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.
Energy Performance Certificates when renting business premises
Landlords must provide Energy Performance Certificates for buildings that they let – an overview of responsibilities.
Make an offer to buy a business property
Understand conditional offers, lockout agreements, building survey results and raising finance for the purchase.
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.
Enforcement of Energy Performance Certificates
How to comply with Energy Performance Certificate regulations and avoid any penalties for your business.
Energy Performance Certificates when selling business premises
Sellers of business premises must provide a free Energy Performance Certificate to all genuine prospective buyers.
Find and develop a business idea
The first steps to finding and developing a business idea and the research you might need to undertake