Cash Flow Issues and Record-Keeping
- Understanding Your Cash Flow
- Determining Your Family's Income Needs
- Emergency Funds
- Business Cash Flow
- Record-Keeping
- Common Expenses to Keep Track Of
- Prepare Daily, Monthly, and Annual Records
- Profit and Loss Statement
- How Long to Keep Business Records
- Finding Someone to Do Your Paperwork
- Budgeting for Your First-Year Costs
Common Expenses to Keep Track Of
- Equipment rental
- Repairs and maintenance
- Meals and entertainment
- License and registration fees
- Supplies
- Legal and professional fees
- Insurance (other than health)
- Employee wages
- Self-employed health insurance
- Taxes and licenses
- Interest expense
- Depreciation
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