Archive | Budgeting

How much should I put aside for tax?

 How much should I put aside for tax?Most business owners ask us how much they should put aside to meet their tax obligations. It’s easy when you follow our simple guidelines! The first thing we need to do is identify what type of tax we’re talking about. The two taxes you need to put money aside […]

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How to prepare & use a budget

Budgeting 101 A budget is an estimate of income and expenditure for a set period of time and can be used to: Ensure actual revenues and expenditures adhere closely to a financial planProvide accountability for the people responsible for ensuring the budget is achievedProvide guidance and a sense of direction for a businessPredict cash flow […]

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