3 Ways to Track your Business Expenses [INFOGRAPHIC]

Tracking the expenses related to your business is an important part of any business, big or small. Knowing where your money goes, you would then know what you should spend more on, as well as what you should cut spending on. It’s a huge part of continually improving your business.

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3 Tips for Tracking Your Business Expenses

In a previous article, I talked about why it’s important to track all of your business expenses. But of course, knowing that isn’t enough. You also would want to do it yourself.

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Why You Must Track All Your Business Expenses

In your small business in the UK, there are bound to be costs. There will be things you need to buy, such as equipment, stocks of products, shipping, software, cloud services, etc. And of course, there’s the costs of transportation whenever you’re meeting with clients or joint venture partners in person. These expenses may even eat into your profits.

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