1 October, 2024 6 min read What is capital employed and how is it calculated? Understanding capital employed can improve profitability, efficiency, and longevity—a trio of benefits your small busine...
1 October, 2024 6 min read What is financial reporting? Want to find out more about financial reporting? Get all the information you need in our handy guide, including best pra...
1 October, 2024 7 min read A guide to understanding depreciation Want to lower your tax bill? Boost your bottom line? Or increase the value of your business? Consider depreciation.
23 September, 2024 7 min read Basis points (BPS) explained: A quick guide for small businesses Find out everything you need to know about basis points, and how they can help you make informed financial decisions for...
23 September, 2024 6 min read What is comparative advantage and how does it help small business owners? Comparative advantage can help your small business get ahead — not by being the best, but by knowing what it does best.
6 September, 2024 6 min read What are fixed costs? Learn what fixed costs are and how they impact your small business. Discover practical tips to improve budgeting, and en...
6 September, 2024 6 min read Allocation of Tips Act—What UK businesses need to know Find out everything your business is affected by the Allocation of Tips Act and how to follow the Code of Practice guida...
5 September, 2024 5 min read What is the margin of safety and how do you calculate it? Knowing the formula for margin of safety helps you measure how much sales can fall before your business becomes unprofit...
29 August, 2024 6 min read What is a credit default swap and why is it used? Like an insurance policy, a credit default swap can guard against life's uncertainties—with minimal cash needed upfront.
28 August, 2024 7 min read The formula for operating profit Learn how to understand, calculate, and improve your business's financial health with this simple formula for operating ...
25 August, 2023 10 min read What is inventory? Explore the essentials of inventory - its definition, valuation methods, types, tracking systems, and effective manageme...
24 August, 2023 7 min read What is inventory turnover? Discover the power of the inventory turnover ratio—a crucial KPI for businesses. Learn its calculation, implications, an...
23 August, 2023 13 min read A comprehensive guide to assets and asset management Unlock the potential of assets and master the art of asset management with this comprehensive guide. Explore the definit...
18 August, 2023 7 min read What is working capital? Explore the ins and outs of working capital: from definition to management, ratios, and changes. Boost your financial kn...
17 August, 2023 7 min read What is procurement in business? Everything you need to know Procurement is an essential part of doing business. Here's how good procurement can help you build profitability, avoid ...
25 June, 2021 6 min read What are retained earnings in accounting? Read our detailed guide on retained earnings and how they are calculated. Learn more about how they impact forecasting a...
17 June, 2021 8 min read What is the difference between job costing and process costing? Learn more about the differences between job costing and process costing. Discover which is suitable for your business.
25 March, 2021 3 min read Are you ready to be your own boss? Starting a business is a big decision. Find out if you're ready to be your own boss with our business readiness quiz. Ta...
9 March, 2021 6 min read How much money do you need to start a business? Want to start a business but unsure how much money you'll need to do so? Here, we cover some expenses that you'll need t...
11 February, 2021 7 min read How to prepare your expense management for 2021 Coronavirus has challenged businesses all around the world, forcing a different reality and a change in expense manageme...
17 August, 2020 25 min read Coronavirus: What financial support is available for your business? Read this comprehensive guide on the financial support that's available to help your business during the coronavirus out...
3 April, 2020 6 min read Coronavirus: The value of a supply chain contingency plan Learn why a supply chain contingency plan can help your business prepare for challenges both big and small, and keep thi...
