Face Painting Business Resources – Financial Spreadsheets
Last week's Time Sheet resource live event proved to be very popular! We discussed the importance of getting your 'business' head on, and how time sheets can help you to get organised. We packed so much into around 50 minutes, it really is worth checking out the Live video on our group so you can join in with the discussion! If you didn't get the first resource you can find it here>>> https://www.thefacepaintingshop.com/face%20paint%20supplys/resource_business_series
This weeks resource is the super important financial spreadsheet! I have created a very simple, easy to use spreadsheet that will allow you to track your income and expenditure. It will also work out your net profit so you have that figure handy when self assessment time rolls around!
In the next live video, I will be going through this sheet with you, and giving you some useful advice on keeping your accounts up to date. We will discuss what counts as business expenses, why you should opt into National Insurance contributions, how to pay yourself a wage and why charting your net profit over time is important to your business' future!
There will be no need to get stressed out when tax return time comes around every year as you will have everything set out in an easy to follow format! All of the hard work has been done for you, all you have to do is download the spreadsheet, show up to the live events on our Facebook Group (https://goo.gl/C2gZaS) and ask questions if you are unsure about anything. The rest is a matter of filling in the blank spaces as you go along! Simple!
As the series continues, we hope we can help you to take your business to the next level! We want you to know your worth, and help you to help us in raising the bar across the whole industry!
You can open the documents provided with Open Office (free software that you can download!), Microsoft Excel or even via Google Drive!
Download the latest resource spreadsheet here:
In Open Office Format: https://goo.gl/0c4LEu
In Microsfot Excel Format: https://goo.gl/Q4eUbN