Managing your business

Effective business management will help you cope better with economic uncertainty.

When financial challenges arise, businesses that manage cash flow, forecasting and change effectively are better prepared than those that don’t.

Whatever the next big economic change might be, having your cash flow and finances in order, and being ready for change, will help you deal with the issues that come your way and keep your business moving forward when times are good.

We’ve covered some of the most important aspects of managing your business.

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Managing your finances

Having a full picture of your financial situation is crucial, not only in times of economic uncertainty but from day to day. Learn more about managing typical costs and expenses and help your business stay on top of its game.

Managing your staff

Your staff are your business’ lifeblood, whatever is going on in the economy. But when things are challenging and your attention is focused on survival, they are more important than ever.

Managing change

Changes in circumstances can arise suddenly. Managing change means making sure you're thorough in your process so any changes you implement are effective and long-lasting.

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Reference to any organisation, business and event on this page does not constitute an endorsement or recommendation from the British Business Bank or the UK Government. Whilst we make reasonable efforts to keep the information on this page up to date, we do not guarantee or warrant (implied or otherwise) that it is current, accurate or complete. The information is intended for general information purposes only and does not take into account your personal situation, nor does it constitute legal, financial, tax or other professional advice. You should always consider whether the information is applicable to your particular circumstances and, where appropriate, seek professional or specialist advice or support.