Financial management and accountancy
Lease versus purchase calculatorThe outright purchase of a fixed asset is only an option if you have sufficient funds available to you, otherwise you will need to look at some form of lease or hire purchase. Banks can often negotiate a lower purchase... Read more
02 Jan 2013
Outsourcing a payroll checklistOutsourcing the payroll function could free up your time to concentrate on other things. What factors do you need to consider when choosing and working with an external payroll services provider?Searching questionsUse o... Read more
02 Jan 2013
Capital investment proposalCapital investment in new equipment or facilities is usually a significant sum. It could be funded from internal resources or it may require a new source. In either case, a well thought through proposal will ensure that you... Read more
02 Jan 2013
Premises move budgeting toolIf you've been asked to come up with a budget for the cost of physically moving the company, what should you include in it?Associated costsThe key to a successful move is meticulous planning and good communication with ever... Read more
02 Jan 2013
Break-even point calculatorBeing clear about the distinction between fixed and variable costs in your business will enable you to more accurately work out the break-even point of any given project. Use our calculator to help you do this.Break-even po... Read more
02 Jan 2013
Business valuation modelThere's no right or wrong answer to how much a business is worth. Ultimately, a business is worth what someone else will pay. However, there are some basic rules of thumb to help you to calculate an indicative range of values.T... Read more
02 Jan 2013
Step cost calculatorWhether your business is expanding or struggling, identification and understanding of its step costs could help generate more profits.Extra costsA step cost is one that is relatively fixed within a certain range, outside of which ... Read more
02 Jan 2013
Payback period calculatorYou may be asked to help decide which resources within your business to allocate to certain projects. One way of doing this is to compare the payback period of those competing for investment.PaybackObviously, what needs to be... Read more
02 Jan 2013
Smartphone payback calculatorWould buying a smartphone outright and taking out a SIM-only contract with a network provider work out cheaper than a standard two-year phone inclusive contract?How much!What's the cost of one phone (under the standard min... Read more
02 Jan 2013
Non-disclosure agreement for an employeeAnecdotal evidence suggests that current and former employees are responsible for most leaks of business information. A good employment contract will help; however, having a non-disclosure agreement (NDA) in pl... Read more
02 Jan 2013