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Budgeting and Forecasting

Budgeting and forecasting for your business is crucial to keeping your company afloat

Over-spending and failing to plan ahead can cause a business to nose-dive. This section of The Knowledge Hub offers guidance on managing company budgets and forecasting your income and outgoings, and other related topics.

10 Tips to Manage Business Budgets Like a Pro

10 Tips to Manage Business Budgets Like a Pro

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10 Tips to Manage Business Budgets Like a Pro

How do you create a budget that works for your business? Ensure your financial management is future-proofed with our business budgeting tips.

Creating a Business Budget That Really Works

Creating a Business Budget That Really Works

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Creating a Business Budget That Really Works

Simon Bacher, CEO of ed-tech app Ling, talks about the budgeting methods he used to launch Ling into the app store - and keep it there

How to Craft & Manage a Small Business Budget

How to Craft & Manage a Small Business Budget

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How to Craft & Manage a Small Business Budget

Manage your small business budget with ease using this essential guide to budget allocation

Maximizing Small Business Tax Deductions for 2023/24

Maximizing Small Business Tax Deductions for 2023/24

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Maximizing Small Business Tax Deductions for 2023/24

The new tax year started 6th April 2023. Learn what's changed and prepare your SME to take advantage of upcoming small business tax deductions

An SME's Guide to The End of Furlough

An SME's Guide to The End of Furlough

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An SME's Guide to The End of Furlough

As the Coronavirus Job Retention Scheme comes to a close on 30th September 2021, Simon Thomas explores everything UK SMEs need to know in order to prepare

Common Financial Pitfalls & How to Avoid Them

Common Financial Pitfalls & How to Avoid Them

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Common Financial Pitfalls & How to Avoid Them

Chris Woodard, Co-Founder of Handle.com, explores some of the biggest financial mistakes that new business owners make and how to avoid them

How SMEs Can Overcome Financial Restraint

How SMEs Can Overcome Financial Restraint

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How SMEs Can Overcome Financial Restraint

Real Business Rescue’s Keith Tully explores some of the most common financial issues you might have to deal with as a business owner and how to overcome them

Financial Projections: Why They Matter to Investors

Financial Projections: Why They Matter to Investors

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Financial Projections: Why They Matter to Investors

Many entrepreneurs have a brilliant business idea, but fail to back it up with solid financial projections. Why can this ruin their chances of investment?

The Difference Between Gross Profit and Net Profit

The Difference Between Gross Profit and Net Profit

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The Difference Between Gross Profit and Net Profit

Entrepreneurs often forget the difference between gross and net profit when filing their accounts or pitching for investment. Elizabeth Page explains how to calculate both for your income statement

How to Forecast Your Annual Profits

How to Forecast Your Annual Profits

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How to Forecast Your Annual Profits

Knowing how to forecast your profits is essential to small business. We share the basics of putting together an annual forecast.