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Starting a business - find a case study
A range of case studies from local entrepreneurs who have started successful businesses
Starting my business from home - Angels and Butterflies Jewellery Designs (video)
Debbie Todd, owner of Angels and Butterflies Jewellery Designs, discusses how she started her business from home
Standards for best business practice
Overview of the most popular technical and management standards, and how they show best business practice for business
What is a standard?
Find out what a standard is, the types of standards that exist, and whether your business needs one
Business benefits of standards
Find out how using standards can boost your business' efficiency, access to markets, compliance and competitiveness
How to show your products meet EU legal requirements
Find out if you need to meet a specific technical or management standard to sell your product in European markets
Types of stock
The four main types of stock - raw materials and components, work in progress, finished goods and consumables
How much stock should you keep?
Advantages and disadvantages of keeping either plenty of stock or very little
Stock control methods
How to control stock through reviews, minimum levels, using batch control and first in first out systems
Types of risk your business faces
Understand the main types of business risk - what they mean and how they can affect your business
Strategic risk
What is strategic risk management and how to identify and mitigate strategic risks in your business
Financial risk
Understand the main types of financial risks to your business and find ways to mitigate and reduce them
Evaluate business risks
Risk evaluation helps you determine the importance of each risk to the business and decide whether to take action
Prevent and reduce business risk
Reducing risk to business involves putting in place processes and methods to deal with the consequences of an adverse event
Strategies to help you manage business risk
Common strategies for treating the risks to your business are avoidance, acceptance, sharing, reduction and elimination
Business risk insurance
What is risk protection insurance and how to insure your business against financial losses associated with business risks
Sales ledger
The basics of using a sales ledger to monitor the money coming into your business.
Purchase ledger
What to record in a purchase ledger to keep track of how much money you owe.
Wages book
The value of maintaining a wages book and how to manage it if you employ staff.
Digital financial records
Reasons for keeping computer-based financial records and how to choose bookkeeping and accounting software packages.