Business

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Guest blog: Is your firm set up to thrive?

An introduction to the “Thrive” model – composed of people, process and clients – a way to diagnose the overall health of any finance firm.

[Webinar] Tips on how to automate your finances from AAT qualified accountants

Register here About this episode Time and date: August 27th, Thursday at 10 am BST This week, Rishi, our Head of the Accountant Partner Programme will interview two AAT qualified accountants; Tamsyn Jefferson-Harvey,

Revolut Business now works with QuickBooks in France

We’re excited to announce that our Revolut Business Connect integration with QuickBooks is now available for our users in France – in addition to the UK.

What is the best accounting software for small businesses?

What is the best accounting software for small businesses? Joe David of Nephos Accountants makes his expert recommendations.

What is the difference between depreciation and amortization?

Both depreciation and amortization are ways of expensing the cost of a business asset over its useful life period. When a company acquires a business asset, the complete cost of acquisition of the asset is not expensed at once, but proportionately based on the time period of their usage.

How Revolut Business helped TaxAssist Accountants get their EEA clients up and running in no time

Franck Sidon, General Manager TaxAssist’s branches in Chiswick, Ealing and Richmond shares his story.

How to work out revenue?

When you think about how to work out revenue, it helps to remember that the primary goal is merely to show the income that a business generates from its ordinary activities over a given period. That’s it.

How to calculate cash flow with the indirect method

Liquidity is the lifeblood of a business, and so the premise of how to calculate cash flow is critical. The primary tools are the cash flow statement and the cash flow forecast. The

What is free cash flow and why does it matter?

Free cash flow (FCF) is a metric which reveals the liquidity of a business (i.e. its access to cash) as well as its operating efficiency. In straightforward terms, free cash flow is

Guest blog: The fluff-free guide to business insurance

Should you buy professional indemnity, public liability, or management liability insurance? Find out what each kind of business insurance policy covers and when you might need it.

What is the indirect method of preparing a cash flow statement?

When you need to prepare a cash flow statement for a business over a given period, there are two different ways to calculate the actual cash flow: indirect method and the direct method.

What is cash flow analysis and why does it matter?

The premise of cash flow analysis is to examine how cash moves into and out of a business over a given period. At the simplest level, this horizon scanning enables the business to

How we’re using Open Banking to help you get more from your business account

With the advent of Open Banking, we can now expand our integrations and partnerships like never before – and continue making your experience better and better.

What does the EBITDA formula mean in practice?

The EBITDA formula is a profit metric that is often used to examine the financial performance of a business. This unconventional metric excludes several categories of costs that the business would otherwise deduct

Quick tips on how to improve cash flow

The challenge of how to improve cash flow is rarely far from the thoughts of most business owners. However, this subject strikes particular fear into the heart of SMEs because they are less

How to work out net profit

When you think about how to calculate net profit, it can feel daunting. In reality, the net profit formula is simple: it's the total revenue of a business over a given period, once

What does net cash flow mean?

The net cash flow of a business is the aggregate effect of its cash inflows and cash outflows over a given period. If total cash receipts are greater than the amount of cash

How Revolut Business helps Slido effectively manage cash collection and expenses

Adela Fischerova, Finance Operations Lead of Slido, on how Revolut Business helped her to streamline Slido’s global cash collection and expenses.

You can now transfer locally in IDR, INR, MYR and PHP

You can now transfer local currency to local accounts in Indonesia, India, Malaysia, and the Philippines with Revolut Business.

Financial forecasting: What are financial forecasts and why do they matter?

The financial forecast is the not-so-secret weapon that a business deploys to predict its near-future performance. In the absence of a crystal ball, the forecast is relied upon to estimate the direction of

What is positive cash flow and why does it matter?

Positive cash flow means that the net balance of the cash flow statement of a business over a given period is greater than zero. In other words, the cumulative effect of the total

What does operating cash flow mean?

The operating cash flow of a business is one of three main sections in its cash flow statements. The other two parts are its investing activities and financing activities. As the name implies,

What is a cash flow forecast and how to create one?

Cash flow forecasting is a process which helps a business to predict what it expects its cash position to be in the near future. The goal is to preempt problems (i.e. running

Guest blog: How carsharing can help you get back to business

Everyone has had to rethink the way they work recently – including the way we commute. Carsharing may be the perfect solution for your business. From our friends at Zipcar

What is the total revenue formula?

The total revenue formula is tricky to describe as it has more moving parts than seem apparent at first glance. So, before we look at how to calculate total revenue, we need to

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