You may decide to borrow money to finance your pub business, either by way of an overdraft or a loan.
You will have to pay interest on any money borrowed and there will also be bank charges due on the operation of your business bank account. Interest and charges are normally debited from your bank account every quarter - your bank will be able to help you estimate the amounts that will be due.
If you decide to accept payment by credit card, you will have to pay monthly credit card charges.
Income: Public House
Expenditure: Public House
- Payments to creditors
- Cash purchases
- Licences
- Wages
- Drawings
- PAYE/NIC
- VAT
- Tax
- Rent
- Rates/Water rates
- Heat and light
- Telecommunications
- Postage, stationery, advertising
- Motor and travel expenses
- Professional fees
- Insurance
- General expenses
- Bank/finance charges/interest
- Leasing payments
- Capital expenditure
- Other payments