What does it cost you to be in business?
BusinessSome people who are in business have no idea what it costs to run their business on a monthly basis. As a business owner you need to make sure you
Some people who are in business have no idea what it costs to run their business on a monthly basis. As a business owner you need to make sure you
When you start in business you should have a separate bank account for your business expenses and income rather than using your personal bank account.This keeps your business spending separate from your personal spending and a glance at your bank acc…
Whatever type of business you have the aim is to have more income than your expenses leaving you with enough profit to pay your taxes and have enough money for you to live on.
As a business owner you are responsible for keeping track of your turnover every month if you are getting close to the VAT registration threshold as you must register within 30 days of reaching the current threshold ....
If you have been in business for a while and do not have the income you were anticipating there are a few things you need to consider.