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Payback period
Using payback period to see how quickly an investment is repaid.
Types of retail business
The various types of retail business, including convenience store, speciality store, supermarket, discount store, department store, warehouse, direct retailer and online store
Assess your business plan to improve your business
The areas of your business that you should assess in order to uncover any problems or potential problems.
Estimate your rate bill
Get an indication of how much your business rates bill could be for 2024-25.
Internal research and development
How to carry out internal research and development and leverage the benefits of keeping research in-house
External research and development
How to outsource your research and development and the benefits of commissioning it externally
Research and development - investment and risks
How to weigh up the possible risks of research and development against the potential benefits
What is research, design and development?
Stay ahead of competitors by carrying out quality research, design and development in your business
Managing the design process
Understand the steps you should take when trying to turn an idea into a product
Eliminating ideas that are not viable
Understanding when a product will not be viable is important to prevent wasting time and money
Exploring your ideas
How to innovate and develop your business ideas
Employee share schemes: an overview
Tailoring employee share schemes to your needs, schemes approved by HM Revenue & Customs and employee benefit trusts
Ten top tips for starting a retail business
Ten top tips to starting a retail business successfully and staying afloat in the early days of trading
Make sure you have the cash to grow (video)
Guidance and useful tips on financial planning to help grow your business
How to close down your business
What you need to do if your business fails and has to close down or be sold.
Employee share schemes: advantages and disadvantages for employers
The effect of employee share ownership on your staff; tax advantages for schemes approved by HM Revenue & Customs
Measure your financial performance
Use common financial performance measures, such as profit margins and accounting ratios, to review your business finances
Problems with growth: overtrading
Overtrading and lack of finance are common problems in a fast-growing business - here's how to overcome them
Tips to improve business cashflow
What you can do to free up cashflow in order to improve your business.
Renting commercial property: practicalities
The costs, considerations and obligations of renting business property.