Just because money is going out the door, doesn’t mean it’s necessarily a bad thing.
Business owners may be surprised to learn that there is such a thing as “bad income.” There is also such a thing as good expenses.
One mistake I see small businesses make with budgeting is: not accounting for the owner’s salary. It seems like an obvious thing to include, but I’ve seen many small businesses forget that the owner will need to take money out from time to time.
Use your accountant as a resource when financing your small business