1. Strike a deal to pay a fixed amount for utilities.
2. Invest in tools and practices that lower highly variable costs.
3. Calculate the variable expense average
4. Give yourself some cushion
5. Always compare your actual spending to your estimates.
6. Create a savings account specifically for variable expenses.
7. Obtain a business line of credit for emergencies.
When creating a budget for your small business, you are attempting to plan how much money you’ll need to make in order to cover your costs — and then some.
#setupcompany
#registercompany
#incorporation
#accountingservices
#taxservices #auditservices
#SST #companysectaryservices #incorp #taxsearch
#bookkeeping #taxation #taxcompliance #accountingfirm
#businessaccountant #advisoryservices
#cloudaccounting #valuationservices
#payrollservices #bayabumiservices
#bayabumiaccountancyservices
