Academically speaking I am well qualified in business. A degree, a foundation degree, A-levels, a couple of other bits of paper… But I’ve noticed that formal education lacks a number of the key lessons that we need to learn on our paths through entrepreneurship. So school’s out, let’s learn some of the stuff that’ll kick […]
A great business plan structure
Writing a business plan takes time, patience and can often be quite stressful. In this blog we will breakdown the different chapters of the business plan to make the process feel straight forward and manageable. First things first… Create a great cover sheet A great place to start is to create a really eye-catching cover […]
How to create a balance sheet
A balance sheet is a financial statement at a given point in time. It provides a snapshot summary of what a business owns or is owed (its assets) and what it owes (its liabilities) – at a particular date. The balance sheet shows how the business is being funded and how those funds are being […]
How to forecast cash flow
A cash flow statement tracks the anticipated flow of money both into and out of your business. It simply shows the timings that money will enter or leave your bank account. The spreadsheet we have provided includes a cash flow statement. The sales income will be automatically entered, based on the sales entered in your sales […]