Business money toolkit

Move from an idea to a realistic cash-flow routine. This printable companion explains how to use the Family Money Matters workbook and gives you space to plan.

How to use this pack

Allow 30–45 minutes for a first pass. You do not need perfect numbers: label estimates clearly, note missing information and update as circumstances change. The Excel workbook provides editable calculations; this pack helps you interpret the results.

Four practical steps

1. Separate business and personal money

Identify essential personal outgoings and the minimum drawings you may need. Keep business receipts, tax obligations and personal spending distinguishable.

My next action

2. Build a rolling forecast

Enter expected customer receipts when cash is likely to arrive, not just when an invoice is issued. Add recurring costs, one-off set-up costs and seasonal changes.

My next action

3. Test a slow-sales scenario

Reduce expected sales in the forecast and delay some customer payments. Check when the cash balance becomes tight and what options may need investigating.

My next action

4. Create a review rhythm

Update actual results monthly, compare with forecasts, check overdue invoices and prepare questions for an accountant or business adviser.

My next action

Questions worth answering

☐ How many weeks of operating costs can current cash cover?

☐ What happens if customers pay 30 days late?

☐ Have we allowed for tax and National Insurance?

☐ What are the true costs of delivering one sale?

My 30-day action plan

Choose no more than three actions and assign a date and person responsible.

Trusted places to learn more

GOV.UK: gov.uk (set up a business, HMRC)
British Business Bank: british-business-bank.co.uk

General UK financial education only. Not personalised financial, legal, tax, care or regulated product advice. Information and eligibility rules can change. Seek appropriate professional support for decisions affecting your circumstances.