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Exporting can open up a new world of opportunities for your business – but is it right for you and what is the right approach to take?
Our helpful checklist will show you the areas to target when you’re trying to understand or reduce business costs.
Effective cash flow management is vital to ensure that your business has the funding needed to keep trading and make the most of opportunities to grow. A business can survive for a short time without sales or profits, but not without cash.
An effective treasurer is a vital part of running a community organisation. But taking on the role is a significant responsibility, with even the smallest organisations facing financial red tape and tax regulations.
Good advisers can make a huge difference to a business. From the start, they can ensure that a new business is set up the right way, with effective financial systems, the right contracts and an understanding of the key legal issues.
Budgeting sets out your financial expectations for the business. While it’s not possible to know exactly what the future holds, budgeting reduces the level of uncertainty and helps you anticipate problems.
Business planning is particularly important for businesses targeting growth. You need to be able to respond quickly to developments in what are often young and fast-moving sectors.
Cutting costs is the simplest way to improve your bottom line. Introducing a cost control system can bring immediate savings and make sure that you remain competitive in the longer term.
Key performance indicators, or KPIs, can help you measure how your business is performing in particular areas, so you can track and improve this over time.