A simple budget keeps your business healthy. Here is a practical starting point.
Many small businesses struggle not because they lack sales, but because they lack a budget. A simple plan helps you stay in control.
Separate business and personal money. Use a dedicated business account.
Know your fixed and variable costs. Rent and salaries are fixed; stock and transport vary.
Plan for slow periods. Set aside a little in good months to cover lean ones.
Review monthly. Compare what you planned with what actually happened, and adjust.
A Quantum Current Account and SME Financing can give your business the foundation it needs to grow.