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Sadly here in England we have to pay tax.

Expenses

It is important that you keep the receipts from any tools you buy for your new window cleaning business; ladders, squeegees, microfibres, petrol etc.

 

Earnings

 

You will need to obviously keep a record of what you earn. Because a lot of the money you will be receiving will be cash you might be tempted to skim off the top what you really earn. I wouldn't recommend this myself. I think it much easier to sleep at night if you know you run a honest business, but it's your company so I guess it is up to you.

 

Again, remember keep it simple, have a table with three columns. One for earnings, one for expenses, and one for the dates of the week in question.

 

Date..............................................Earnings...................................Expenses

19 Feb 07- 25 Feb 07 ....................£550.50..................................£20.00

 

As you can see it is fairly straight forward. You could get a accountant to do it all for you but I really don't see the point in forking out for one for a small time, start up window cleaning round. Maybe once you become a multi-national corporation then you can think of hiring someone else to keep track of the books, but till then you're probably best off doing it yourself.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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