As a self-employed business owner, creating a budget is one of the most important things you can do to grow your business in a healthy way. While you might assume an annual budget is the best approach to financial planning, monthly or quarterly budgets can also be useful for keeping your financial situation under control too.
With these tools, you can manage revenue, expenses, profits, cash flow, and financial goals for your business, either in consultation with a professional accountant or by using financial software such as QuickBooks Online. For the self-employed, advice and tips on small business budgeting can help you make wise choices.