Financial Management Archives - Page 2 of 10 - The Skills and Business Hub

Top 10 tips for credit control

by Mark | Nov 8, 2022

1. Agree clear payment terms Make your payment terms clear to your client – this should be in writing, ideally in the form of a contract. 2. Keep payment terms short The payment term that you set should be as short as possible but be realistic. When do you need the...

Understanding Business Tax in 2026

by Mark | Nov 3, 2022

Taxes are part of business and life and it can be difficult to know exactly which ones apply to you or your business, and which types of tax you’ll actually have to pay to HMRC. Here are the six small business taxes to be aware of: Income tax Sole...

Business Budget Management

by Mark | Nov 3, 2022

Keeping records of your budget The two most important elements of budget management are: Separating your personal budget from your business budget. Keeping your personal and business finances separate can make recordkeeping easier and may help protect your personal...

GrantFinder funding database

by Mark | Apr 7, 2022

The GrantFinder funding database is a powerful tool for businesses, charities, and organisations seeking financial support. Backed by a team of expert researchers, GrantFinder monitors and reports daily on thousands of funding sources across the UK and...

Support for Scaling Businesses

by Mark | Mar 29, 2022

A scaling business is one which is achieving high growth. The OECD defines high growth as a company that has achieved growth of 20% or more in either employment or turnover year on year for at least two years. Within the UK, the following organisations provide...