1. Running costs
As you would for your household accounts you need to keep a close eye on the running costs for your business. It’s very easy to pick up direct debits here and there, but you must always ensure that they are going towards the profitability of the business.
By clicking here you can download and then use and save your very own version of the Set Up Costs Worksheet. If you don’t have an application similar to Microsoft Excel simply click here where you can download a safe, free application that will enable you top open and edit the worksheet.
Business running costs are working out how much your business spends on a daily, weekly or monthly basis. You need to know these numbers to know whether or not you are making a profit.
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