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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
Banking overseas and UK-based foreign currency accounts
Pros and cons of opening an overseas bank account or a UK-based foreign currency account to hedge your risks
Buying currency options
The pros and cons of buying currency options and how it might help your business hedge foreign exchange risks
Foreign currency transactions and bookkeeping
How making and receiving payments in foreign currencies can affect your accounts
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
Appoint advisers for successful flotation
The advisers you need for a flotation including corporate advisers, stockbrokers, corporate lawyers and accountants
Advantages and disadvantages of using a payment-processing company
Using payment-processing companies to handle online card transactions has advantages, but it is also worthwhile to consider the disadvantages.
Advantages and disadvantages of selling through online marketplaces
Using an online marketplace for your business has many advantages, but it is also worthwhile to consider the disadvantages.
Checklist: applying for an internet merchant account
The requirements you will need to satisfy when applying to a bank for an internet merchant account.
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