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Blog > Business

Business

Get the latest updates on Revolut Business and read up on helpful business tips.

    Business 101

    What is a business tax account and how do I set one up?

    A Limited Company registered in the United Kingdom is required to submit accounts and a company tax return to HMRC each year. All companies are encouraged to have their own HMRC business tax
    Revolut Contributor
    Business 101

    How much tax does a small business pay in the UK?

    A small business in the United Kingdom is required to pay tax based on the profits made. The amount of tax, and due date, varies depending on whether the business is run as
    Revolut Contributor
    Business 101

    What is a Cashflow Forecast - Free template

    Cashflow forecasts are an essential part of any growing business but also something many business owners overlook. Cashflow forecasts do not need to be complex or take a long time to produce but
    Revolut Contributor
    Business

    How Revolut Business helped iFinance Department improve its clients’ payment process

    iFinance Department shares their story about how Revolut Business helped his firm provide a simple payment solution for its growing clients.
    Revolut Contributor
    Business 101

    Do I need a business bank account?

    Are you starting up your own business or taking on some freelance work? You might be wondering whether you need a business bank account or if you can use your personal bank account
    Michaela Pleskova Michaela Pleskova
    Business 101

    What is revenue?

    Revenue, sales, turnover, profit. What does it all mean? And moreover, how can you view your financial results to make cents of the numbers (see what we did there!)? Clear Books accounting software
    Revolut Contributor
    Business

    Guest blog: “Beble” and your business - what you need to know

    Alan Richardson, LifeSearch’s Business Protection & Group Leader, talks BBLS and protection insurance - for your business and its people. LifeSearch is the UK’s leading protection insurance intermediary.
    Revolut Contributor
    Business 101

    What does EBITA mean and when is it useful?

    EBITA (i.e. Earnings Before Interest, Tax, and Amortisation) is a profit metric which reveals the financial performance of a business without taking specific categories of expense into account. The costs that EBITA
    Revolut Contributor
    Business 101

    Turnover vs Profit: what’s the difference?

    Turnover and profit are two of the most common words in the business lexicon, and they have entirely different meanings. When people ask: is turnover profit? it's clear that they would benefit from
    Revolut Contributor
    Business 101

    What is the return on equity (ROE) ratio and why is it useful?

    The return on equity (ROE) is a ratio which indicates how efficiently a business creates net profits, per pound of shareholder equity. The ROE is an insightful metric, but it’s more useful
    Revolut Contributor
    Business 101

    What is the EBITDA margin and why is it useful?

    The EBITDA margin is a ratio that reveals how much profit a business generates for every pound it makes in revenue, once it deducts specific categories of costs from the total. The EBITDA
    Revolut Contributor
    Business 101

    Turnover vs Revenue: do they mean the same thing?

    At first glance, the premise of turnover vs revenue seems simple. The words are commonly used as synonyms to describe the total sales or income of a business over a given period. In
    Revolut Contributor
    Business 101

    What is the return on capital employed (ROCE) formula and why is it useful?

    The return on capital employed (ROCE) is a ratio which indicates how efficiently a business uses its capital to generate profits. This is a crucial metric to track in management accounts, and investors
    Revolut Contributor
    Business 101

    Revenue vs Profit: What is their Difference?

    Revenue vs profit - One question we are often asked by our clients when they start up a new business is: “What is the difference between revenue and profit?” RevenueRevenue is the measurement
    Revolut Contributor
    Business

    How Revolut Business helped Faction Skis scale globally

    Alex Hoye, Co-Founder and CEO of Faction Skis, shares his story about how Revolut Business helped him to scale this iconic ski company globally.
    Revolut Contributor
    Business

    Guest blog: Time tracking as a healthy habit

    Time tracking is not just a necessary evil, but a healthy habit once you get used to it. Learn how to cultivate it daily with these 5 tips.
    Revolut Contributor
    Business 101

    EBIT vs EBITDA: Which profit metric is more powerful?

    Welcome to the battle of the acronyms. Both EBIT and EBITDA are profit metrics, and the good news is that each one is simpler than it sounds. So what do these chunks of
    Revolut Contributor
    Business 101

    What are the three main profitability ratios and how do you calculate them?

    Profitability ratios are metrics that reveal insights about the financial health of a business. Each ratio measures performance relative to a specific variable, such as its revenue, over a given period. The results
    Revolut Contributor
    Business 101

    What is EBITDAR and how does it differ to other profit metrics?

    EBITDAR is a slightly obscure profit metric that provides useful insights on the performance of a business in specific situations. In simple terms, these circumstances are when the business has either suffered an
    Revolut Contributor
    Business

    Webinar: Why automation is now more important than ever

    Revolut Business Webinar Episode Two: Why automation is now more important than ever – Revolut Business, Nathan Keeley MHA, and Capitalise discuss
    Revolut Contributor
    Business

    Calling all accountants and bookkeepers

    Join hundreds of accountants and bookkeepers using Revolut Business who are increasing their productivity and simplifying their clients' lives.
    Sarah Hiraki
    Business 101

    (GP) Gross Profit Ratio: What is it and why does it matter?

    The finance world has a large list of financial jargon that often leaves business owners in a state of confusion. So, what is (GP) Gross Profit Ratio, how is it calculated, and why
    Revolut Contributor
    Business 101

    What does Last Twelve Months (LTM) mean and why is it important?

    Last twelve months (LTM) simply refers to the preceding twelve months of financial data up to the date being reported on. In finance, this will typically be used to evaluate a company’s
    Revolut Contributor
    Business 101

    What is corporate finance and how is it relevant to SMEs?

    Corporate finance is a specific subset of the finance industry. It relates to how companies secure capital, structure that capital, and develop strategies or investment decisions to maximise the economic benefits for their
    Revolut Contributor
    Business 101

    What does gross profit percentage mean?

    The gross profit percentage of a business is merely another way of describing its gross profit margin. In simple terms, this is the ratio that reveals how much profit a business makes for
    Revolut Contributor
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