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Free online health checks for small business |   |
With 150,000 businesses closing down every year, issues such as financial management can be one of the biggest threats to the success of a small business.
A new tool from Business Link aims to help owner-managers run a quick and easy business health check and identify those key problem areas early on.
The Business health check tool, which was developed in association with the Institute of Chartered Accountants in England and Wales (ICAEW) and the British Bankers Association (BBA), asks the user a series of detailed questions on issues that impact a business’ cash flow - from employee costs and supply management to business administration and sales projections.
Results are fed back with a status report on the business’ overall operational health, outlining potential risks, areas for improvement and useful links for further advice.
To use this tool, visit the Business Link Healthcheck section.
Posted June 30, 2006
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[August 28, 2008] As the Olympic torch is handed over to London following the excellent Beijing games, new research suggests that entrepreneurs are unsure whether the 2012 event will benefit smaller companies.
[August 19, 2008] The British Chambers of Commerce has published its quarterly economic forecast, which predicts a distinct possibility of recession for the UK economy and foresees turbulent times for British businesses.
[August 19, 2008] A recent study suggests that 42% of small business owners have too much work on to take a holiday this year, with a similar number unable to take a break when they really wanted to.
[August 18, 2008] Entrepreneurs in the UK have been slow to recognise the business advantages of adopting "green" behaviour according to a new report by business advisors Deloitte.
[August 14, 2008] It seems that businesses are specialising in ever-stranger niches. Badger consultants, dog psychologists and vibration consultants are just three of the more unusual businesses that have joined more traditional British businesses such as plumbers and painters.
[August 11, 2008] Taking "green" news to a different level, a new report has found that Direct Debit payments are "greener" than cheques, as the carbon emissions generated by paper cheques are 65 times greater than the paperless direct debit payment!
[August 1, 2008] You can't go a day without mention of the "credit crunch" in the media. But despite the gloomy outlook for the economy, a recent study suggests that over half of all small business owners have no intention of changing their expansion plans.
[July 28, 2008] Over the past five years, the links between the academic and small business worlds have increased, according to a survey carried out by the University of Nottingham.
[July 3, 2008] The ICAEW is warning businesses to be careful when providing personal financial information following an email credit card scam.
[June 27, 2008] The latest in a string of surveys suggests that although business confidence is at a three-year low amongst entrepreneurs, nearly half remain positive and believe that a recession could actually present fresh business opportunities.
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