How to Value Your Small Business
Whether you plan to sell next year, bring in a partner or simply want to know what you have built, a rough valuation is one of the most useful numbers an owner …
Category
Finance
Cash flow, pricing, unit economics and the financial basics every owner should know.
Buying Used Equipment for Your Business: A Checklist
Buying used equipment can stretch your budget a long way, whether you need an oven for a bakery, a compressor for a workshop or a printer for a design studio. …
Accounts Receivable Turnover Explained
You can have a full order book and still run short of cash if customers take too long to pay. Accounts receivable turnover is the simple ratio that tells you …
UK End of Tax Year Checklist for Small Businesses
The UK tax year ends on 5 April, and the weeks before it are your last easy chance to tidy up the year that is closing. This checklist walks sole traders, …
How to Build a Simple Annual Budget
An annual budget does not need forty tabs, a finance degree or a consultant. For most small businesses, a simple annual budget is one page that answers three …
Dunning Emails: A Polite Sequence for Overdue Invoices
Chasing money is nobody's favorite job, so many owners put it off until a small overdue invoice becomes a big problem. Dunning emails solve that with a planned, …
Cash Flow Forecasting for Seasonal Businesses
If your business earns most of its money in a few busy months, cash flow is not a straight line. It is a wave. A seasonal cash flow forecast helps you see the …