Blog Money and bookkeeping

Money and bookkeeping

Cash flow, pricing, profit and keeping clean records.

Read your profit and loss report in five minutes

Your profit and loss report answers one question: did the business make money? Here is how to read it line by line, and the five questions to ask it every month.

27 Oct 20265 min read

Money and bookkeeping

How to price your products so you actually make a profit

Busy shop, small profit? The problem is often the price. Learn your true cost, the difference between markup and margin, and how to set retail and wholesale prices that pay.

1 Sep 20266 min read

Money and bookkeeping

Keep business money and personal money apart

When the shop drawer is also your household purse, you never really know if the business is making money. Here is a simple way to separate the two and pay yourself properly.

18 Aug 20266 min read

Money and bookkeeping

Profitable but always short of cash? Here is why

Your report says you made a profit, yet the drawer is empty when the supplier comes. Here is where the money goes, and how to get more of it back in your hand.

7 Jul 20266 min read

Money and bookkeeping

Selling on credit without losing your money

Credit keeps good customers coming back, but unpaid debts can quietly empty your shop. Here is how to decide who gets credit, set clear terms and collect what you are owed.

23 Jun 20266 min read

Money and bookkeeping

Bookkeeping for small shops: the five records that matter

You do not need to be an accountant to keep good books. Keep these five records well and you will always know if your shop is really making money.

9 Jun 20266 min read

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