Every month you are likely to spend some money on different goods and services for your business. These might include:
- trade association membership subscriptions
- subscription to a trade journal
- tea, coffee and provisions for yourself and your staff
- computer sundries
- repairs and maintenance of tools and equipment
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.