Day to day costs of sole trading.?

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been on this forum for approx 12 month now , and yes i can hear the cries of anguish from you all, but its true just 12 short month, and guess what, go on have a guess, got it, weeeeeel i have just found the like button on the bottom right hand corner of each thread, always wondered how that worked so anyhooo now i know
:RpS_laugh:
 
:RpS_tongue::huh::RpS_thumbup::RpS_lol::RpS_wink::RpS_thumbsup: just found out how these work as well keith, no holding me back now
 
Someone once told me that the best way to run a small business as a soletrader is to not live off the income the business provides, instead you should pay yourself a wage based on your domestic outgoings and then have all your business outgoings come out of a separate account. Once you get used to living within that budget you will see a dividend grow month after month. made sense when I heard it, Did I put it into practice? Did I Hell ,I said the problem with that is the dreaded C word (C$sh)!
 
I dont think I know anyone in the trade whose outgoings are the same month after month, myself and the other spread I work with just put the blinkers on to it all and hope for the best
 
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