Finance & grants
It's worth being aware of the many different types of finance and grants that may be available to support your business, and that you are able to gather the information that lenders and grant providers may request from you.
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Accounting & bookkeeping
All businesses need effective bookkeeping but your approach to bookkeeping and accounts will vary depending on your business structure. It's important to understand the basics and identify if you need professional support.
Cashflow & invoicing
It's not enough for a business to be profitable. Cashflow is the lifeblood of your business, and needs careful management to ensure there is more money coming in than going out, so you can continue to pay suppliers, salaries and other costs.
Managing costs & debt
Identifying and carefully managing your costs and debts is vital for success. There is free and confidential help available if debts are becoming a problem in your business.
Tax, rates & duties
Your business may need to pay some taxes and not others. Make sure you understand the most common taxes, rates and duties, and seek professional advice for your circumstances when needed, so you meet your legal responsibilities.