"Where did all the money go?" may be a common refrain when paying the monthly household bills, but expenses should never be a mystery when you're launching a business. A thorough understanding of costs is essential to keep track of cash flow, as well as to set appropriate pricing to achieve eventual profit. Armed with an accurate expense model, you'll not only build solid financials for your business plan you'll also build yourself an insurance policy against overspending.
10m Pub. Sep 15, 2018