Small Business Monday: February 2017 Results

The February 2017 results for KMS Outdoors continue to be somewhat painful:

As with the 2017 budget, “revenues” include amounts where I am an employee as well as a solopreneur. This is not how I report income for tax purposes and nor should you. It only helps me understand how the year plays out.

February 2017 Results

 tml here.
Actual
Budget
Revenues
$1,416
$1,927
Expenses
$5,150
$3,255
Net Loss
($3,734)
($1,328)

Sometimes expenses come in months you hadn’t planned for. In this instance, I thought my business’s car downpayment would go through in 2016 and instead it went through in February. This is all part of the joy of owning a small business or any business for that matter.

Hang on to your hats for March!

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