Success Guide to Lettings

It’s not always easy for community businesses to get their hands on the kind of detailed financial data that helps build a business case, and get an important local service up and running. Unlike businesses in the private sector, local groups often only have minimal access to information, advice and inaccurate financial data on income generation to support their planning and goal setting. Read the full article…

Why benchmarking is good for you

It’s all very well knowing that turnover is vanity and profit is sanity (and of course, that Cash is King), but how do you evaluate whether the profit that you are successfully making – assuming that you are breaking even and making that holy grail of profit on a monthly basis – is as much Read the full article…

Are you sweating your assets?

Asset Management Guide Culture Hive

One of the truisms about comedy around, well, almost anything really is that it must be based in fact.  Buzzwords, and phrases that use them – like sweating your assets – really do come from a place of business sense;  and not just the sensible play of buzzword-bingo in the hour-too-long management meeting after lunch on Read the full article…

Be nice to your space!

Community Guide to Room Hire;  Power to Change / MyCake

Have you got space in your community centre?   Do you use it all?  Or is there a room at the back, maybe a little damp (’cause you don’t keep the heater on) that’s sitting there, lonely, with no one to play in it? Just a little sad round the edges, and slighly neglected with perhaps Read the full article…

Where are you with managing your money? Our survey says…

Back in the autumn we circulated a small survey to a number of community businesses to find out how they managed their money – in some cases, literally.   Our results are quite interesting from the small data cohort we used: Managing and keeping track of money is one of those things that we all MEAN Read the full article…

Mid week MyCake: Getting retailers to reorder this Christmas

bizconversation

In the run up to the holiday season over December and January we will bring you mid week gems of advice from the MyCake archive. Here we’re looking at getting retailers to reorder with you this Christmas. By this stage in the year retailers have placed their Christmas orders indeed they’ve mostly received their stock Read the full article…

MyCake’s 3 Top Tips on where to start with your Pricing Strategy

Have a read of Sarah’s recent post on Pricing from the Folksy blog   Sarah Thelwall founder of Mycake.org the online toolkit offering creative entrepreneurs a helping hand with their finances, shares a few top tips before her Folksy Summer School pricing session on Sunday 11 August 2013. Let’s cut straight to it. Your pricing strategy should not be based Read the full article…

In real-time: your salary as it happens and other small biz finance news

It could be the title of the most boring news coverage or worst new reality TV show ever in fact reporting your employees’ salary to HMRC in real time is the new responsibility of UK businesses from 6th April 2013. HMRC are providing guidance over on their website on Operating PAYE in real time (RTI) Read the full article…