Enter in your cash flow forecast the amounts you will spend on:
- postage. You are likely to spend a certain amount on a regular basis, but every now and then you might decide to do a mail shot advertising your valeting business. This will increase the amount you spend on postage in that month
- business stationery such as letterheads, invoices and so on. Your local printer will be able to give you an estimate of how much a package of essential business stationery costs. You will probably pay for this in month one or two and then reorder as necessary later in the year
- miscellaneous stationery items
- advertising. You might decide to advertise your business on a regular basis, for example in the local newspaper or business directory. You could have leaflets printed, which you distribute or send out as part of a mail shot - for example telling trade customers (such as local motor dealers and taxi firms) about the service you can provide and your prices. You could consider having your own website to promote your business, or possibly advertising in an online directory
Once you have decided on your advertising strategy enter your estimate of the cost in the months when you will spend the money.
Saving money with electronic communications
If you think your postage costs will be high you could consider switching some of your correspondence to email. Electronic invoicing could also work for your business, particularly if you deal with a large number of trade customers on a regular basis.