Money and tax basics for small businesses
Separate business and personal money, watch cash flow, understand VAT and withholding in plain words (general knowledge)
Lessons (in order)
- 01Separate shop money from home money A separate account + paying yourself a salary = knowing if the shop really profitsBasics · 5 min
- 02Cash flow and a cash buffer Paper profit won't help if cash runs out — plan cash in and out 3 months aheadBasics · 6 min
- 03Income tax for sellers and freelancers (general knowledge) All income must be filed; income types have different deductions — always keep recordsHands-on · 7 min
- 04VAT and withholding tax in plain words Who must register for VAT, inclusive vs exclusive prices, and whose money withholding isHands-on · 7 min
- 05Debt and loans: what the interest really costs Flat-rate and reducing-balance interest differ a lot — compare by effective annual rateHands-on · 6 min
Free tools to use alongside
- Cash runway →
- VAT 7% + withholding tax →
- Income tax estimate →
- Net salary estimate →
- Loan payment →
- Flat rate vs real rate →
Hands-on
Ask and share in this path's community room
Go to the room →Go further when ready
Related templates
- Small-shop income & expense ledger · Excel / Google SheetsAwaiting real-use test
- Quotation + invoice (VAT / withholding) · ExcelAwaiting real-use test
E-book
Money and Tax Basics for Small Shops
Understand cash in and out, the taxes involved, and when to call an accountant
Idea
Course
A Truly Profitable Online Shop in 14 Days
Finish knowing the real profit of every product, with new prices and a monthly numbers routine
Outlined
Services and advice
- 1:1 online consultation
Advice