Business Library

Welcome to the Shell LiveWIRE Business Library! Are you just starting up? Thinking of scaling? Choose a Business Stage from the menu below to find information appropriate to your current situation. Alternatively, you can use the search tool to look for specific topics.

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Financial Forecasting and Planning

Financial forecasts are, quite simply, your forecast of how your business will perform financially over, say, the year ahead.

Break-even Analysis

A break-even analysis identifies the point at which your business starts to make a profit. You can work out the break-even point using any timescale, eg weekly, monthly, yearly, etc.

Costing and Pricing

Although accountants define costs in several different ways, there are, effectively, just two types of cost.

Financial Forecasts

Advice on how to prepare a financial forecast for your business.

Sensitivity Analysis

It is important to know how sensitive your forecast is to changes.

Income Tax and Self-assessment

This section will touch on your Income Tax responsibilities as a start-up.

Corporation Tax

Corporation tax is only applicable to net profits generated by limited companies; sole traders and partnerships pay income tax.


An introduction to budgeting and the types of budgeting you can employ.

Preparing a Budget

The preparation of budgets requires the collection of data to justify the projected expenditure.


Everyone in business plans to make a profit, but how do you know if you are making a profit?

The Cash Book

The cash book is where you record all movements of cash, that is, all payments by the business and all receipts to the business.

The Purchase Ledger

Purchase ledgers are used to record all suppliers' invoices; to show those which are still unpaid; and to allow VAT to be accounted for.

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