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7 key advantages of R&D for small business
Discover different ways to leverage research and development to improve products and services, and boost your business.
How to buy a franchise
Check these dos and don'ts before buying a franchise.
Assess a franchise opportunity
What to find out when considering buying a franchise - including costs, competition, current success and support.
Strategic issues for investment appraisal
Assessing how an investment fits into your business strategy and long-term objectives.
Payback period
Using payback period to see how quickly an investment is repaid.
Is it realistic to sell my business?
Key points you need to consider to make sure your business is financially healthy and attractive to buyers.
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.
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
Estimate your rate bill
Get an indication of how much your business rates bill could be for 2024-25.
Franchise agreements for a franchisee
Your franchise agreement should cover franchise length, territory, amount of fees, management service fees and royalties, and restrictions.
When to sell your business
The importance of planning ahead and what to consider to help you sell your business at the best price.
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.
Measure your financial performance
Use common financial performance measures, such as profit margins and accounting ratios, to review your business finances