The Daily Profit Puzzle
Be Small Business Happy!
Do You Track Every Penny
by How It was Spent
or Earned?
Behind every single penny earned or spent is a business activity. When you budget and track your expenses and income you can better assess how that activity impacted your small business's cash flow and profitability.
□ Budget Activity
Spending or receiving money is a budget activity. Create activity categories to avoid dismissing a transaction as unimportant.
□ Timely Reporting
Use a spreadsheet, accounting system or an app to record transactions immediately. Late reporting fosters poor decisions.
□ Over / Under
Budgets are a projection of money in and out. Adjust future projections based on currently being over or under in each category.
Cash flow is the life blood of any small business. Every penny has the power to advance or stall your busiess efforts. Spent or safe it wisely.