Why is continuous transparency so important for running your business?

Before you plan individual income and expense categories, the structure of your accounts already does a lot of the work.

Keeping separate accounts (or sub-accounts) for operating cash flow, tax reserves, and a buffer for the unexpected gives you far more control over your liquidity. At a glance you can see what is truly available to spend versus what is already spoken for.

The right amount to hold in each account comes from your own experience and history. Reserves such as VAT pre-payments can often be forecast quite reliably from the revenue you’ve already booked.