With the exception of enjoying your work, this is probably one of the most important sections. Planning is vital. Being able to make a financial forecast is absolutely essential. We'll discuss the importance of using a spreadsheet when trying to predict Profit & Loss and Cash Flow.

This course cannot tell you how to use a computerised spreadsheet, if you've not done so before. Could you create a spreadsheet for your business like this ? (You must have a copy of Microsoft Excel installed on your computer.) On this spreadsheet, can you say what is important about Month 8 ?

If you need instruction on spreadsheets, it is worth going on a short course - to learn how to use them. You can always claim the cost of the course against your tax bill ...

We'll also cover the essentials of record-keeping, as these are a legal requirement.