5 Small Business Money Management Tips For Begining Business Owners - PowerPoint PPT Presentation

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5 Small Business Money Management Tips For Begining Business Owners

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Title: 5 Small Business Money Management Tips For Begining Business Owners


1
5 SMALL BUSINESS MONEY MANAGEMENT TIPS FOR
BEGINNING BUSINESS OWNERS 
  • Presented by
  • Leadership Coach Canberra

2
Lift your budgetary certainty by applying the
accompanying small business money management tips
to your operation
  • Comprehend the Basics 
  • Know Your Bottom Line 
  • Make Business and Personal Funds separate
  • Pay Your Taxes 

3
Comprehend the Basics 
  • Incredible structures begin with solid
    establishments.
  • The more you work on accounting, the more
    agreeable you will progress toward becoming
    overseeing cash.
  • keep exact records of all your business exchanges
  • Private venture bookkeeping programming can
    enable you to build trust in overseeing funds by
    giving you a shortened framework for recording
    exchanges.

4
Know Your Bottom Line 
  • All new private ventures flop inside
    the first five years
  • Poor cash administration is an immense factor in
    this number.
  • Make a spending that rundown every one of the
    costs you expect for your business.
  • Bear in mind to join your everyday costs.

5
  • Make Business and Personal Funds separate
  • Isolating your accounts gains it less demanding
    to track business ground
  • Open financial balances solely for business
    exchanges.
  • Know how much money your business has and have
    the capacity.
  •  Influencing blunders on your assessment to
    return.

6
Pay Your Taxes 
  • The expenses you pay rely upon your sort of
    business structure and industry. 
  • Staying aware of assessment controls and
    installments can be troublesome
  • You must set aside cash as you gain to pay
    charges.
  • Try not to spend the cash on anything besides
    your price liabilities.
  • Loyalist sends assess installments to government
    organisations for you.

7
THANK YOU
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