Golden rules for managing your small business finances
Effective financial management is crucial to keeping your business on track. Here’s how to do it.
From understanding business expenses as your team grows to accessing emergency funding, here are some expert guides to keep your business on the right track.
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There's a lot to think about when you're running a business, but these key guides selected by our experts can make things more efficient.
Guide
Guide
Common cash flow problems and solutions
Learn more about some of the most common cash flow problems for businesses and the steps you can take to resolve them.
Guide
VAT explained: what it is and how it works
It’s important to understand how to manage VAT for your small business and how to calculate your VAT return.
Meet small business owners
Case study
"I started making the brownies in 2019 and I made it my mission to create a delicious vegan recipe."
Cake or Death, a vegan bakery business, was founded by Katie Cross in 2019 and customers across the UK can’t get enough of its sweet treats.
Here, Katie reflects on the past six years and explains how a rejection from a famous bakery competition set her on the right path.
Case study
"I really wanted to build an everlasting legacy in my family’s name"
Starting a business is never easy, but add in a global pandemic and everything gets harder. This was the reality for Tinique Hay when she set up her events management agency, Hay Events, in February 2020.
Here, she reflects on her resilience throughout these challenging years.
Case study
"I bought a business online and turned it into a million-pound sustainable enterprise"
Mark Farr became CEO of Purple Planet Packaging in 2019 because he wanted to make a positive, sustainable impact for the next generation.
Mark shares his business story so far, and how buying a business online became a million-pound success story.
Budgeting fundamentals
Essential budgeting advice every small business owner should know.
A step-by-step guide for creating a small business budget
Budgeting in business: what you need to know
How to separate your personal and business finances
Handling tax
Find out which taxes affect your business and how to manage them smoothly.
Business tax explained
Corporation tax: everything you need to know
How much should I save for taxes?
Understanding cash flow
Get a clear picture of your cash flow and how to manage it effectively.
What is cash flow and why is it important to a small business?
How to improve cash flow for small businesses
What is a cash flow forecast and how can you create one?
Expenses
A clear guide to managing and claiming expenses for your small business.
Business expenses: what you can (and can’t) claim
How to track and keep on top of business expenses
What business expenses can self-employed people claim?
Managing business finance
Understand your business finance options and find the right fit for your needs.
Everything you need to know about business finance
How to get finance for a business
What is equity finance for businesses?
Debt and borrowing
Smart borrowing tips to help you manage debt and strengthen your business.
How to manage business debt as a small business
Can business debt affect your personal finances?
How to access emergency business funding
Business support
Get expert help to navigate challenges and grow your business with confidence.
How to protect your business from payment fraud
Tax advisers vs tax accountants: which should you choose?
What can a financial adviser do for your business?
Guides
Tax advisors vs tax accountants: which should you choose?
Do you need help with your small business taxes? In this guide, we explain how a tax adviser or accountant could ensure you don’t pay more than you owe.
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Business tax in the UK: 7 key types you need to know about
Confused about business tax? Learn more about the types of tax your business needs to pay and how to make payments.
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How much should I save for taxes? A practical guide
Whether you’re self-employed, a sole trader or run a limited company, it’s vital to save enough money to pay your annual tax bill. Here’s how.
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