• Managing a business


    A close eye on today and a keen eye on tomorrow – they’re two ingredients for a successful business. Our range of practical guides and resources can help you manage your business now and as you look ahead. You'll find links to useful websites and organisations, as well as helpful business tools.

    What you need to know

    Growing your business. If the time is right to expand your business, you'll find valuable information here on planning for growth and managing it, including: Developing a strategy for growth, Assessing your resources and capacity, Monitoring your business performance.

    Becoming a director. Being a director of your own limited company can be very fulfilling, but it also brings legal responsibilities and duties to your shareholders. We’ll take you through: Your duties, Your legal responsibilities, Your liabilities.

    Financing for growth. Growing your business can often involve spending more before you see that investment returned as increased profit. Our guide will help you: Decide if your business is ready to grow, Be ready for the results, Find ways to fund your expansion plans.

    Business premises. Taking on the right new premises for your business can be a daunting prospect. We take you through the essentials including: The legal issues, Insurance, Where to find expert help.

    Employing staff. Your staff are likely to be one of your key business resources. We look at the responsibilities and challenges being an employer: Employment law including the Equality Act, Helpful payroll systems, How to keep your staff, and keep them happy.

    Contingency planning. If the worst was to happen and your business was badly affected by a flood, an IT failure or the death of a key employee, would you still be able to operate? Our guide will help you: Identify risks to your business, Draw up a contingency plan, Decide what to include in your plans.

    Time management. Even the most successful businesses and organisations look for ways to increase profits through improved productivity and efficiency. Better time management can help you do just that through: Identifying your priorities, Reducing distractions, Using tools to help you manage your time better.

    Marketing and Customer Relationships. Put very simply, marketing is about getting the right product to the right people. We can show you how to write a marketing plan for your business and deepen customer relationships through: Identifying your marketing objectives, Planning your tactics and setting a budget, Improving customer service and encouraging repeat business.

    Sustainability. Becoming a sustainable business not only brings environmental benefits but economic and commercial benefits too. Our sustainability information site will: Help you create an individual sustainability action plan, Advise you on how to make more of your green credentials, Link you to a range of national and local organisations that can help.

    Mentoring. Whether you're starting up, taking your business to the next level or just need a sounding board, an enterprise mentor can offer you the support and guidance you need to develop your business. We’ll take you through; how mentoring can help your business, what we’re doing and what you can expect from your mentor.

  • We're committed to helping British business grow and develop by giving them the support they need.

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  • Could you benefit from the support of a business member? MentorSME is a free online service that enables you to find local independent mentoring organisations to meet your needs.

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Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 0207 626 1500.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.

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Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all Business customers will be covered.

Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies. More information on Lloyds Banking Group can be found at www.lloydsbankinggroup.com