Have you ever had money in your business bank account so you think everything is fine and dandy. Then an unexpected payment comes out and suddenly you’re panicking over whether you’ve got enough left to cover your expenses?
As a business owner, you need to be monitoring where your money is coming and going on a regular basis. Otherwise you could end up in your overdraft and having to pay expensive fees. Here’s one thing you can do today to help.
And how much they’re for. So if you’re paying for a subscription every month, make a note of what date it usually comes out and how much it is for. That should take away some of the surprise and make it clearer exactly how much money you need to have coming in every month.
Ell Evan Bookkeeping are not Tax Advisors and so our advice and suggestions on the application of tax rules cannot be construed as tax advice.
