Every month you are likely to spend some money on different goods and services for your business. These might include:
- contract cleaner
- subscription to a trade journal
- professional body membership fees
- repairs and maintenance to equipment and premises
- flowers for reception
- newspapers for waiting clients
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.