Business Plan Resources

Any good resources to develop business budget?

I manage a small bar, but I do not have a strong financial background. Looking at the resources and information for budget and development plan for the payment of profit owners.

Here's an idea. Get Quicken. It keeps track of your expenses .. Your income, etc. and you can create categories and accounts to keep track of what was needed tracks. Suppose you have a partner .. You are the leader, so you get remuneration. So when it comes time to pay his month, then this account. Captain Morgan (ie you) Category salary type: by Amount:! (Yes, you do not pay crap, but .. .. you get dividends) 3000 Let's say you want to pay the surplus at the end of the month. It is agreed that you want to retain 20% of profits in the company .. what is called Retained earnings and the remaining surplus is paid out of 4 partners. So at the end of the month you have a 10k profit .. 20% you hold in your company and the remaining 80% is considered business profits. Your transaction speed would be something like this. Transferred categories of income: profits retained type: Account the amount of: 2000 Partner Category 1: Dividend Type: Account the amount of: 2000 Would you do it for other three partners. Here's another perk. Business expenses are deductible expenses. When you support Ledger for business .. You can track your taxes too. Quicken has a lot of tools like this. You can make a pretty graph .. as .. You want the histogram to see what spirits you purchased most of .. as you can. There are other products, like QuickBooks .. Microsoft Money .. and so on. I'm only familiar with Quicken. In Anyway, I hope this helps.

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