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Guide to starting a business
7. Prepare your finances
It's essential to take charge of your business finances and know how to manage your cash flow. It could make or break your business. If you need help, consider speaking to a financial adviser.
Starting a business guide
Required
Learn how to organise your finances
Apart from a business bank account, you’ll need to know how to organise your finances. This includes managing cash flow, budgets, payments and invoices. Consider using a bookkeeping or finance system to help you.
Starting a business guide
Required
Develop a pricing strategy
There’s a lot that goes into setting a price for your goods and services. Use the calculations and strategies available to help set your prices, so you don’t sell yourself short.
Starting a business guide
Recommended
Apply for a business loan
Looking to boost your finances? There are a number of ways you can seek finance including applying for a loan. Give yourself a better chance of success, by finding out what you need to prepare before you apply.
Starting a business guide
Recommended
Find resources to help finance your business
You don’t have to be a finance expert to run a business. Consider talking to a financial adviser, accountant or bookkeeper to help get your finances on the right track.
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