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Whatever the economic conditions there is always a need for businesses to take stock and think about their businesses practices. We have a range of resources that can help organisations take steps to protect themselves and prepare for any economic situation.

Our business health check tool can help identify areas that could help improve performance and your chances of survival. You can also book a free appointment with an adviser.

It is also important to think about managing risk in order to prevent crises that can be foreseen.

Managing your cashflow

Our quick checklists – Opens in a new window and top tips – Opens in a new window could make the difference when it comes to managing your cashflow. Developed by the Institute of Credit Management and endorsed by just about all the leading business representatives, they guide you through the essentials of knowing your customer, payment terms, what to do when cash runs short, credit insurance, invoicing and factoring and financing options.

Manage your efficiency

Making your business more efficient can help you save money, which is especially important at a time when capital is increasingly tight. Specifically, improving your business’ environmental efficiency can help you reduce costs in a number of areas. Use our tool to identify where you can save money by going green.

Improve the performance of your staff

Businesses can access free ‘bite sized’ training for existing staff. Find out more in our guide on how to improve the performance of your staff.

source:http://www.businesslink.gov.uk

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