You can’t pay your bills without profits!
To help you get started I’ve designed a groovy and very user friendly cashflow template for you to download. Give it a go and plug in your numbers. It doesn’t have to be 100% accurate at first, just make a start.
Once your yearly expenses are logged you can get an idea of whether your current income is enough to cover your expenses and make a profit. If not then you may need to look at increasing your cash flow, decreasing your expenses or even increasing your sales.