I often get asked by clients if they should be tracking the costs related to their different products and services. My answer to that is definitely. But, exactly what costs should you be tracking to get accurate information relating to profit and cash flow for each relative service should you be tracking?
Archives for March 2013
[VIDEO] Keeping business and personal financial transactions separate
Sole Traders often ask me what costs they need to take into account in their business. A sole trader is just the structure of the entity that you’re using to run your business through. Whether you’re a sole trader, in other words you use your own name and are being taxed in your own name, […]