BUNDLE: Cost of trading crisis
Tools & Resources
UK businesses of all shapes and sizes are feeling the impact of the #costoftradingcrisis at the moment. So, we have pulled together a collection of resources to help companies make it through to the other side.
Click below for a selection of articles, tools and resources to make it easier for you to thrive in difficult times.
1
How to build a business resilience action plan
At UMi, we understand that the best way to deal with uncertainty is to plan ahead and make contingencies. That’s why we’ve pulled together our list of the top questions you need to ask yourself to strengthen your business during the #costoftradingcrisis. Follow our 'plan, do, review' guide to take control of your business finances and make better decisions.
2
Webinar series - Cost of Trading Crisis
Taking smart, decisive action is your route through the #CostOfTradingCrisis – and we’re here to make it easier for you to figure out what to do and take the steps. Alongside our expert partners, we've produced the UMi Cost of Trading Crisis Webinar Series, which is now available on demand to help you get your business in the best shape to survive and thrive.
3
UMi Loan Finder
Finding the right finance solution to help your business operate and grow can be complex and time-consuming. To support you throughout your journey, we’ve developed the UMi Loan Finder.
4
Using your cash flow statement for decision-making
As you start and grow your business, you might find you have more money flowing out than coming in. So, it makes sense to keep your cashflow in mind when you make decisions by preparing a cashflow statement.
5
Energy efficiency savings for your business
With rising energy prices being a significant driving factor of the cost of trading crisis, it's worth taking the time to consider where you can reduce and conserve the energy you use. While we can't do anything about the prices, small changes to behaviours and considering some investments in your premises can pay off long-term.
6
Energy Bill Relief Scheme explained
One of the most pressing issues facing businesses is how they are going to pay their energy bills at a time when gas and electricity prices are rising exponentially. In this article, we explain what businesses need to know about the Energy Bill Relief Scheme.
7
Top cost saving tips for your business
One of the leading causes of business failure is cash flow mismanagement and in the current economic climate, it is more important than ever to manage your money effectively.
8
How to retain staff without hurting your bottom line
As people begin to feel with pinch of increasing costs and squeezed budgets, they may look to their employer to seek support. Stuart Clark, Managing Director of Russell and Russell, has some cost saving tips for companies looking to help their employees.
9
Business development on a shoestring
When money is tight and with costs rising, business owners are looking to increase sales or win more business. Not the easiest task, when everyone's belt is tightening at the same time, which is why we have devised some low-cost tips to help you.
10
Understanding how inflation affects your business
Rising costs is always a key challenge for businesses to grapple with. But with the Consumer Price Index (CPI) currently running somewhere between 8% and 10%, the need to understand how inflation affects your business is especially acute.
11
Discounts and deals to help with the cost of trading
One of the best ways to make your business more resilient is to save time and money where you can. That's why we've teamed up with our network of partners to offer you exclusive discounts and deals across important business functions like banking, HR, professional development and PR.
12
Carbon Planner By Natwest
Carbon Planner is free and could support you to become a more sustainable and climate conscious organisation and help you to identify potential cost and carbon savings too. Use it to measure your carbon footprint by answering a few questions, get tailored actions and start building a plan to reduce your emissions.
Find out more.