Business at home - How do you separate the ingredients expenses from business and home?
Hello! I have my business at home and I was wondering, for those who have business at home too, how do you manage the expenses of the ingredients. Since I use eggs, for example, for my cakes and also for home. Or flour, sugar, etc.
I have a notebook where I write down all the expenses I buy for my business in the wholesale market, but I do use some of that at home. So how can I distinguish the expenses correctly and try not to mix them?
Thank you!
1 Reply
I try to make sure I have separate receipts for home and business, but sometimes that doesn’t happen. In those cases, I will mark out personal items on the business receipt and re-calculate. As far as bulk items I buy like flour, eggs, or butter, if I “borrow” a couple of eggs or a cup of sugar from the business I don’t get too worried about it.
Jenniffer White, Cup a Dee Cakes - http://cupadeecakes.blogspot.com
