If you are running your own business, no matter whether you are writing or carpet cleaning, then it is important that you are able to keep a track on your finances, as failing to do so could get you into trouble, and might even mean that your business ultimately fails. Luckily, there are things that you can do which might help. So, you’ve set up a carpet cleaning business, and you have a steady stream of clients who are all paying cash in hand. While it is good that you are getting the money, it is very important that you make sure it doesn’t get mixed up with any of your own money. This is because you will need to declare any money that you have earned as a business income, and failure to do so can get you into very big trouble indeed. Keep hold of everything that you earn, and always make sure that you have given receipts to your clients that you are able to keep a copy of. It is also important that you run your carpet cleaning business economically. If you are planning to hire staff, make sure that there is enough work for them all to do, or you run the risk of simply having to pay people for doing work that is not there. That could be a huge drain on your profits, especially if you have signed them up to a year long contract that they will then be paid for without having to do anything towards. Make a list of the clients that you have, perhaps splitting each day into separate time slots, and then decide how many staff you would need to deal with them. It might also be a good idea for you to hire some casual staff who would be able to come in at times when things would be busy, for example in the winter when everybody is starting to prepare their homes for Christmas. Although running a carpet cleaning business can be a great deal of fun, you do need to make sure that you have thought about everything financially before you get carried away. Doing so will mean that you have the best chance of success and the least chance of making a mistake, and both of these are very important if you want your business to survive longer than the first couple of years after opening.