Every month you are likely to spend some money on different goods and services for your business. These might include:
- membership of a control body, such as the Soil Association. To be able to farm organically, you must be registered with one of these bodies
- fees payable to a producer group or co-operative
- subscription to a trade journal, such as Farmers Weekly
- repairs and maintenance
Make an estimate of the amount you are likely to spend on general expenses every month.
Once your business is up and running do not forget to record what you spend on general expenses and keep receipts wherever possible.