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Advantages of innovation
Benefits of innovation in business can include efficiencies, growth and increased competitive advantage, as well as enhanced reputation
Estimate your rate bill
Get an indication of how much your business rates bill could be for 2024-25.
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.
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.
External research and development
How to outsource your research and development and the benefits of commissioning it externally
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
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
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.
Financial advice for seasonal businesses
How seasonal businesses can plan their cashflow, staff and stock levels and other activities.
Individual voluntary arrangements
Overview of individual voluntary arrangements, including advantages and disadvantages
Administration orders
Overview of administration orders, including the advantages and disadvantages of administration orders
Debt Relief Orders
How to apply and eligibility criteria for a debt relief order
How to respond to changes in your business market
How to research and understand your marketplace, customers and competitors to improve your business performance.