Spring clean your business

Cash flow is one of the most important aspects of running a business - good cash flow means you'll always have enough money to pay your expenses, your debts and yourself.

Spring is a great to time to take a look at how cash is flowing through your business so that you can make any tweaks to optimise it ahead of the busy end-of-year period. 

You can use our cash flow resources to do this - we've got a guide to managing cash flow, tips to improve, and a cash flow statement template.

Can you improve some of the processes currently in place in your business? It’s good practice to examine existing ways of doing things so that you can remove unnecessary waste, and potentially save time, money and reduce your carbon footprint.

Use our sustainability checklist and sustainability action plan template to start the process towards becoming a more sustainable business.

Having an up-to-date inventory list will help you maintain your stock levels and give you a better understanding of what’s selling and what isn’t. This can help you decrease your costs and increase your sales.

Regular inventory checks are crucial to running an effective business, so take some time to do a thorough stocktake and make sure your existing inventory management process is effective.

Staff development and training is an important factor in any business. If your employees can see advancement in their employment with you, they are likely to have high job satisfaction and increased productivity.

Look at the skills you have within your team and identify any gaps that could be filled by training or mentoring existing staff members.

Spring is a time for growth, so finish up your spring cleaning by looking to the future. Our growing your business checklist has steps you can take, and covers everything from market research to knowing your obligations as you grow.