5 Ways to Organise Your Small Business Finances

how to organise your small business finances

Does the thought of your small business finances make you anxious? Are you fed up of finding yourself in tax-hell because you’ve ignored your accounting for another year? Or is bookkeeping the thing you dread most in your weekly schedule? The let’s do something about it. In this guide I share 5 really useful tips to help you organise your business finances, that best of all, are really EASY to implement right now.

How To Track Your Business Income

business income explained

Are you ready to start understanding what’s going on under the bonnet of your business? Tracking your business income is more than just adding up numbers for your tax return, it can give you helpful insights into where you are making money so you can, well, make more! Here’s how to get started with your tracking and some of the common mistakes you need to avoid.

Distributable Profits

what are distributable profits

Distributable profits are the maximum amount of reserves a Company has available to pay to its shareholders as a dividend at any one time. Typically that is the total profits remaining after deducting all business expenses and taxes from income all the years a business has been in existence.