Money & Tax
You don't need to become an accountant.
You just need to understand the numbers that matter. Clear, practical guidance on business finances, tax, and cash flow, in simple terms.
Money is the part of running a business that most people find intimidating. The rules feel complicated, the deadlines feel arbitrary, and the consequences of getting it wrong feel serious.
Most of it is simpler than it looks. These are the ten things that actually matter — and where to go when you need to act on them.
The 10 Money & Tax Non-Negotiables
The financial foundations every small business owner needs to understand.
Get full access
The businesses that survive are the ones that understand their numbers.
you that
success
can get quieter.
As your business grows, the encouragement can shrink.
Sara Davies recently made an observation that resonated with a lot of founders: the more successful you become, the less praise you may actually receive. It sounds counterintuitive. Until you've experienced it.
It isn't necessarily jealousy. The reality is more interesting — and more human — than that. BH explores why success can sometimes feel surprisingly quiet, and what that means for how you measure progress.
What is your actual margin?
Gross margin is the number most small business owners don't know. It tells you how much of every pound of revenue you actually keep before overheads. If you don't know yours, you're pricing blind.
Read the Finance Handbook
The cash flow problem nobody warns you about
You can be profitable and still run out of money. The gap between invoicing and being paid is where growing businesses get into serious trouble. Understanding it is more important than any tax deadline.
Read the Finance HandbookAre you claiming everything you're entitled to?
Most small business owners underclaim on allowable expenses. Equipment, software, travel, home office, professional subscriptions — these reduce your taxable profit. The Tax Handbook covers what qualifies.
Read the Tax Handbook
Worth knowing
Profit is not the same as money in the bank.
This is the single most important financial concept for new business owners to understand. You can be profitable on paper and still run out of cash. You can have money in the bank and still be losing money.
Profit is what's left after all your costs. Cash is what's actually in your account right now. The gap between them — timing of payments, outstanding invoices, tax set aside — is where businesses get into trouble.
The Finance Handbook covers both: how to read your profit, and how to manage your cash. Understanding the difference is the foundation of financial confidence.
Read the Finance HandbookNot sure where to start?
Ask Business AI. It can help you work out which part of your finances to tackle first — and point you to the right BH resource for your situation.
Ask Business AI