Learn how to approach risk management with confidence. Discover types of business risks, why risk management is important, and steps for reducing risk. With increasing liability claims, being able to identify and reduce risks can help to safeguard your financial stability. Preventing claims can keep your premiums reasonable and also enables your business to avoid significant costs and downtime from dealing with accidents. Legal and insurance experts at the Federation of Small

The Greenhouse Gas Protocol – which provides the most widely recognised accounting standards for greenhouse gas emissions – categorises...

Looking to improve your business credit score? Here are eight ways you can keep on top of your score and put yourself in the best position possible for business funding applications. Your business credit score is a measurement used to represent the status of your business’ financial health. Having a good business credit score will signify financial stability and creditworthiness to existing and potential customers, partners, suppliers and lenders. This means that whether you’

Are you a small business owner looking for ways to save time and money? Are you looking to incorporate more sustainable or energy...

Learn how to stay compliant as a start-up business. From tax to health and safety, our legal experts share four areas of business where you need to have legal documents in place. Learn how to stay compliant as a start-up business. From tax to health and safety, our legal experts share four areas of business where you need to have legal documents in place.  Setting up your own small business is exciting, but organising the paperwork is a time-consuming job as a new business o

Our guide covers the common causes of employment trials and what your first steps should be if you find yourself faced with one. Running your own team is rewarding, but if you find yourself being taken to an employment tribunal, it can be daunting, stressful and costly. Our legal experts from FSB Legal Protection Scheme explain what is involved in an employment tribunal, the issues that could cause one and the added protection available for FSB members at no extra cost.

Our guide to HMRC enquiries takes you through the whole process, including how long they take, what you need to do and how you can protect your business. As a business owner, you might find your business finances and tax position under enquiry. An enquiry by HMRC can feel like a time-consuming process that keeps you away from the task of working on your business, so knowing what to expect can alleviate some of the initial panic. What triggers a tax enquiry?

Not sure if apprenticeships are the right fit for your business? Accountancy apprenticeship provider AAT bust seven common myths about...

Get your invoices right from day one with our guide to how to write an invoice for sole traders and limited companies. From one-off freelance jobs to regular contracted work, invoicing is part and parcel of business life and ensuring you get paid on time. When you’ve just launched a new business, finance can seem like the least fun side of your business but knowing how to write a professional invoice correctly means you’ll get paid for all your hard work. What is an invoice?

Protect your data, your business, and your bottom line with these key documents, templates and guides for cyber security and data protection. Being your own boss means you’re responsible for protecting your business against the threat of cyber-attacks and data breaches. With seven million cyber-crimes targeted at small businesses in the UK every year, these incidents can happen to any business, no matter how small. It’s vital to put measures in place to safeguard your busines

AI can do incredible things, but it's only as good as the information you feed into it. This is what's known as 'AI prompting'. Learning how to prompt AI correctly can help you get faster, better outcomes from the tools you're using.  In this guide, we'll take a look at everything you need to know about AI prompting, including how to do it well and top tips to help you ask the best questions and unlock the full potential of AI tools for your small business.  What is prompting

AI usage has exploded in recent years, and with good reason. Artificial intelligence tools like ChatGPT, Microsoft Copilot and Google Gemini are all advancing rapidly and can now perform many tasks quicker and more accurately than humans. According to Our World in Data, AI systems can even outperform humans in some language and image recognition tests. While the idea of this can be frightening to some, when used correctly AI tools can be extremely advantageous for small busin

Whether you're hiring your first employee or expanding your team, find out what you should include in a successful staff induction. Bringing new staff into your business means you need to align them with your business practices, and your way of working. The first step to doing this is via your staff induction. However, your induction covers much more than just training - it’s the formal introduction of the new staff member to your business. HR essentials As soon as possible,

Finding the right small business funding can be a game-changer, whether you're launching a start-up or scaling an existing business. But with so many options available - grants, investors, crowdfunding, and alternative finance - it’s essential to choose the right funding source for your needs. In this guide, we’ll break down different funding types, explain how to find investors and highlight opportunities such as government grants for businesses. By understanding your option

Find out why it pays to be protected if HMRC starts a tax enquiry into your business and discover the comprehensive cover available to...