• Write down or consider business expenses for the following month & make sure you do not withdraw that amount

• Consider company taxes & make sure you do not withdraw that amount

• Consider the company’s Direct Debits & make sure you do not withdraw that amount

• Consider the company’s Loan Repayments & make sure you do not withdraw that amount

 

This is the basics of budgeting and trusting that the company’s bank account is fully capable of meeting the business’ expenses. Allowing the company to pay for its own bills is important; that’s how you separate business and personal affairs