Читать книгу Start & Run a Home Cleaning Business - Susan Bewsey - Страница 24

An essential part of getting your business successfully launched is forecasting your sales and expenses. This is difficult in the beginning when you have no financial history to help you out but you must do it.

You have two goals for your forecasting: you want to know what your costs are and you want to know what you can expect to earn. Once you know the risks involved versus the potential for earnings, you can estimate what your profits should be. Estimating your costs and income tells you the following things:

(a) How much you need to start up your business

(b) Whether you can make a profit

(c) What equipment is necessary

(d) Whether your business has growth potential for the future

(e) Whether potential lenders should invest in your business

(f) What your risks will be

(g) How long your start-up funds will last

An accurate forecast must be based on what you already know. Analyze your existing resources and include the money on hand to put into your business, any loans or outside funds, your business capacity, how much you will charge, and how much it will cost you to provide your service.

You must also be able to predict how many clients you will have, how much business they will generate, and all the expenses for your business (including advertising, telephone, office supplies, and equipment).

Costs are subject to change and they will increase based on the growth of your business. Costs are also recoverable expenses. Your accountant can advise you about which ones are tax deductible.