Financing a business

Many people struggle with the financial side of managing their small business. Not everyone has a head for figures or wants to become an accountant.

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Financing a business - overview

Many people struggle with the financial side of managing their small business. Not everyone has a head for figures or wants to become an accountant.

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Start up funding - overview

Raising enough money to start a small business can be difficult. It begins with working out your operating costs for the year, compared against sales.

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Setting prices - overview

Setting prices right is a crucial task. Go too high or low and it can have disastrous consequences for your business. Find out how to set prices.

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Cash flow - overview

Effective cash flow management is crucial. The business cliché is true: turnover is vanity; profit is sanity; cash is reality. But what does it mean?

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Start up costs - overview

Providing it doesn't restrict your business operations, keep your start-up costs to a minimum, or you'll have pressure to generate more money quicker.

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Q&A: Producing invoices

If you've never produced an invoice before, how do you know what to include? Chartered accountant Elaine Clark answers key questions about invoices.

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Budgeting

While you can't know exactly what the future holds, budgeting reduces uncertainty and helps you anticipate problems. Here's how to create a budget.

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Getting a grant for your business

Securing grant funding could really help your business develop. Here's how to identify relevant schemes and manage the application process.

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Negotiating

Good negotiation depends on setting clear objectives, including knowing where you will and won't compromise. Our guide to getting the right deal.

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Price your product or service

Your prices can have a dramatic effect on sales and profits - the right price is competitive while protecting your profit margins. Our overview.

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Purchasing

For many businesses, a 1% cut in costs can have the same impact on profit as a 10% increase in sales. Our guide to efficient purchasing.

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Q&A: Commercial mortgages

A commercial mortgage is secured against a property other than your home. It may allow you to buy business premises and set up a long-term investment.

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Q&A: Debt recovery

Solicitor Kiranjit Virk of Tollers LLP answers key questions about recovering debts through the courts, including using the 'small claims track'.

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Q&A: Dealing with late payment

Martin Dunne of Sayers Butterworth chartered accountants offers advice on how to deal with late payers and bad debts to keep your business afloat.