SMALL BUSINESS MONEY MANAGEMENT KIT

What you will getEditable Business Record-Keeping Templates for Small BusinessesTake control of your business records, monitor your money and make better-informed business decisions.Running a small business involves more than selling products or providing services. You also need to know how much you sell, how much you spend, what stock you have, who owes you money and whether your business is making a profit.The Small Business Money Management Kit is a practical, editable Excel workbook designed to help small business owners organize their everyday financial and operational records.Whether you operate a shop, boutique, online store, food business, salon, trading business or another small enterprise, this kit gives you simple worksheets to help keep your business information organized.What's included1.Daily Sales Record - Keep track of your daily business sales with the followingsDate of saleReceipt or invoice numberProduct or service soldQuantity soldUnit selling priceDiscount givenTotal salesUnit costCost of goods soldPayment methodAmount receivedOutstanding balanceAdditional notesBenefitMonitor daily sales, identify unpaid amounts and maintain organized sales records.2. Business Expense Tracker - Record and monitor money spent on running your businessDate of expenseExpense categoryDescription or purposeSupplier or payeePayment methodAmount spentReceipt or reference numberNotesBenefit:Understand where your business money goes and keep track of operating expenses.3. Profit Calculation Worksheet - Get a clearer picture of your business performance. Enter your chosen start and end dates, and the worksheet uses your recorded transactions to calculate the figures.The worksheet helps calculate:Total salesCost of goods soldGross profitOperating expensesEstimated net profitNet profit marginBenefit:Understand the difference between sales revenue and actual estimated profit.4. Stock Record - Monitor the movement of products in your business.DateProduct or item codeProduct nameOpening stockStock receivedQuantity soldClosing stockReorder levelUnit costEstimated stock valueSupplier informationNotesBenefit:Monitor available stock, identify products that need restocking and reduce the risk of losing track of inventory.5. Customer Debt Record - Keep track of customers who purchase products or services on credit.Invoice dateCustomer namePhone or contactInvoice numberAmount dueAmount paidOutstanding balanceDue dateDays overduePayment statusLast payment dateNotesBenefit:Monitor unpaid invoices, track customer payments and follow up on outstanding balances.6. Monthly Business Summary - Review your business performance at the end of each month.The worksheet summarizes:Total monthly salesAmount receivedOutstanding salesCost of goods soldGross profitOperating expensesEstimated net profitNet profit marginOutstanding customer credit balancesBenefit:Get a clearer monthly overview of your business activities and financial position.PRODUCT FORMATDigital Excel workbook (.xlsx)Six editable business record worksheetsOne START HERE instruction worksheetAutomatic formulas for selected calculationsReusable templatesNo physical product will be delivered. HOW TO USEPurchase and download the Excel workbook.Open it using Microsoft Excel or a compatible spreadsheet application.Read the START HERE worksheet.Enter your business information in the appropriate worksheets.Update your records regularly.Review your calculated totals and monthly summaries.