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Business guides

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7 crucial mistakes to avoid when writing a business plan

A business plan can boost your firm’s chances of success, but get it wrong and you could damage your company. Here’s what to avoid when writing your plan.

How to do market research for a small business in 7 simple steps

Whether you’re a startup, launching a fresh product or just want to improve, market research connects you with your customers. Here’s how to do it.

What is cash flow and why is it important to a small business?

Find out how to stay on top of your cash flow and why it’s a crucial part of running a business.

How to create financial projections for a business plan in 6 steps

The financial forecast is a crucial part of every business plan. Learn how to create one and the key details you need to include.

9 key sections of an effective business plan explained

Create a successful business plan to turn your ‘eureka’ ideas into reality. This guide outlines all the essential elements you need to include.

How to define the target market in your business plan

All businesses need a target market. But how do you work out who your target market is? Find out with our comprehensive guide.

What is market research and why it matters for new businesses

Discover how market research can help you better understand your customers and competition and get to grips with the latest market trends.

How to write a business plan for a loan: a step-by-step guide

Many lenders require a strong business plan before approving a loan. Learn what to include to boost your chances of success.

What is a cash flow forecast and how can you create one?

Discover our 4-step plan for creating a cash flow projection for your business plan.

How to write a business plan executive summary in 5 steps

Learn how to write an effective executive summary for your business plan that clearly communicates your key points in just 5 steps.

What is a business plan and why every entrepreneur needs one

Crafting a business plan boosts your chances of running a successful business and helps secure funding for your venture. Begin developing your plan today.

What is business insurance and why is it so important?

Business insurance can protect your company from financial losses if something goes wrong. Here’s how it works.

How much business insurance costs and how to save money

Discover the main factors that determine how much your business insurance costs and how you can lower your premiums

Public liability insurance for the self-employed: the essential guide

Public liability insurance protects your finances if the worst happens. Find out what it covers and why it’s so crucial for sole traders.

Public liability vs professional indemnity insurance: key differences

Public liability and professional indemnity insurance protect against different types of compensation claims. We explain how they differ and when you might need them.

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