Know your numbers (without spreadsheets overload)

At a minimum, you should know:

• Cash in the bank
• Expected income for the next 30–90 days
• Expected expenses for the same period

Finance Frida can help you summarise this in a simple table or dashboard—no complex formulas required.

Separate business and personal money

Mixing personal and business finances creates confusion and risk. Aim to:

• Use a dedicated business account
• Pay yourself a set amount regularly
• Track transfers between personal and business clearly

This alone can make your finances feel far less stressful.

Plan for taxes before they surprise you

Taxes often catch small businesses off guard. A basic rule:

• Set aside a percentage of every sale (for example, 20–30%, depending on your region)
• Keep that money in a separate “tax” pot

Finance Frida can help you estimate how much to put aside based on your location and structure.

Watch your payment terms

Profit on paper doesn’t matter if clients pay late. To improve cashflow:

• Shorten payment terms where possible
• Use deposits or milestones for larger projects
• Set clear expectations in your proposals and invoices

Your AI guru can help you write polite but firm payment policies and reminder messages.

Make cashflow reviews part of your routine

Once a week or fortnight, review:

• What came in and went out
• Any upcoming big bills
• Any potential shortfalls

With Any Guru, you can quickly ask, “What are the red flags in my cashflow this month?” and get ideas to fix them before they become crises.