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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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