Leases Explained: Operating vs Finance Leases
A lease lets your business use a van, a machine, a copier or a shop without paying for it all up front. But "lease" covers two quite different deals, and the …
Category
Finance
Cash flow, pricing, unit economics and the financial basics every owner should know.
How to Plan a Price Increase Announcement
Deciding to raise your prices is hard. Telling customers can feel even harder. The good news is that most customers accept a fair increase when it is explained …
Managing Cash During a Slow Summer
For many small businesses, summer is quiet. Clients are on holiday, decisions stall, and the phone rings less, while rent, payroll and tax bills carry on as …
How to Set Payment Terms for B2B Customers
When you sell to other businesses, the price is only half the deal. The other half is when you actually get paid. Clear payment terms protect your cash flow, …
Accrued Expenses Explained
You used the electricity, the freelancer finished the work and your team earned their hours, but the bills have not arrived yet. Those costs still belong to …
How to Budget for Equipment Replacement
Every tool, oven, laptop and vehicle in your business is quietly counting down to the day it needs replacing. If you wait for that day to arrive, you end up …
Half-Year Accounts: What to Review at the End of June
The end of June is the halfway mark of the calendar year, and it is the perfect moment to look at your books before summer pulls your attention elsewhere. A …