Why use online calculators?
Simple ways to assess the profitability of your business
Every entrepreneur wants his or her business to be successful. But what is success, and how will you know if you are successful? As you spend your energy, time, resources and talent building your business, there will be moments when you question yourself. You start to ask if everything has been worth it - and that's good! You may feel that despite your seemingly best efforts, your business is not moving as fast as you hoped it would be.
The question for many small business owners is: How much debt is too much? The answer to this question will lie in a careful analysis of your cash flow and the specific needs of your business and your industry. Money Advice Direct's Interactive calculators will help you analyse whether taking on debt is a good idea for your company.
Business Analysis
- Fully interactive on-line indicators of how well your business is doing.
- Our calculators will enable you to interpret your businesses performance.
- Also, our calculators will show the relationship between items in financial statements and highlight how a business is going.
We actually recommend using all the calculators because often looking at one ratio in isolation may not tell you much, however, by trying them all it will help you identify trends and may indicate whether your business is improving or facing challenges. It may also help with forecasting future performance.
We have provided seven key performance calculators to help analyse your financial position together with a full interpretation of how to judge the results.
PLEASE NOTE:
The performance calculators differ across industry groups and businesses.
These calculators should be used as a guide only and should not be relied upon in isolation or as a substitute for specific professional advice.
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
[more...]
DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]