Running your business

How to run your business
day to day

Forecast and manage your cash flow

Forecasting your cash flow

Our super simple Excel template helps you forecast and manage your cash flow and plan your cash reserves. Use it to work out if you could adjust your costs to make your money work harder and last longer.

Managing your cash flow

It’s a sad fact that a lot of businesses fail due to cash flow issues. So, knowing and understanding how cash flow works is important for business owners. Discover our five steps to make your cash flow better.

Saving on account charges

To keep on top of your cash flow, it could be a good plan to make sure you know what you’re paying for, and ways to save on your account charges. Our tips can show you how.

A business bank account with more

Our business bank account offers flexible everyday banking to suit your business, with no minimum monthly charge. 

You'll also get free accounting software from FreeAgent. It securely connects with your bank account to make keeping track of your invoices and expenses a breeze. 

The full version of FreeAgent is free for as long as you retain your Royal Bank business current account.

Could selling take you further?

It’s definitely not the first thing you think about, but selling your business could be one step you don’t want to miss. The experts at Coutts have put together a Business Exit Programme. You could learn the best ways to prepare your business for sale, strategies to think about selling and helpful tips to prepare you for life afterwards. You’ll be helped by bitesize videos, articles and masterclasses.

Help with business support and staffing

Speak to a HR consultant

Help from one of the UK’s leading employment law, HR, health and safety and environmental consultancy services sounds good, doesn’t it? MentorDigital from Royal Bank can support you to get back to business and thrive. Consultants work with you to get to know your business and your objectives.

Could MentorDigital help your business?

Please note that Mentor's services incur a cost.

Please note that Mentor's services incur a cost.

Getting the most from your staff

Keeping your employees motivated is key to them feeling passionate about what they do and proud of the business they work for. Our tips can boost engagement and make your workforce feel valued to give their best every day.

Level up your workforce

Giving your existing staff more skills is a great way to develop them (and your business). Our tips on getting learning right in the workplace could help your business to flourish.

Take payments easily

We know businesses need a payment solution that’s on your side. Whether you're taking card payments for the first time or looking for ways to better manage your cashflow, Tyl have got your back. 

Get started with Tyl today and you won’t have to pay card machine hire fees for the first 3 months.*

*Fees and eligibility criteria apply. See Tyl website for T&Cs.

Building a digital business

A website is the obvious place to start promoting your business, or potentially selling to customers. If you don’t have one yet, then our guide could help you to set one up. And if you’re already online, then our tips and advice could see your business grow.

Next step: Planning and growth

In business it’s always a good idea to think about what’s coming next. Our tips for growing your business include looking after your money, strategies for growth and ways you could finance any potential business expansion, plus lots more ideas as well.

Something else we can help you with?

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