Here's how I manage my business finances (Flash video)
How you manage your finances can depend on the stage your business is at. In this video guide, two business owners share how they approached managing money in a growing business and a business in difficulty.
King of Shaves is a toiletries company started by entrepreneur Will King in 1993, which now has its products stocked in approximately 33,000 stores worldwide. Here, founder and CEO Will King talks about how he managed the business' finances as King of Shaves grew.
Steve Wrieden, MD of the Hornbeam Group, realised the potential of an insolvent company he used to work for and took it out of administration. By evaluating the entire business, Steve was able to make confident strategic decisions to take the business forward. The Hornbeam Group now specialise in the building industry, offering loft conversions, home improvements and innovative subterranean structures.