What is TURNOVER? Self employed and small business basics

  Рет қаралды 50,418

Small Business Toolbox

Small Business Toolbox

Күн бұрын

Пікірлер: 60
@thomasslattery3520
@thomasslattery3520 2 жыл бұрын
Excellent video. Explained more in 9 minutes of video than I got from hours reading articles. Thanks!
@y.swedi748
@y.swedi748 Жыл бұрын
The best business video I've ever watched. Thank you
@crestonvaz6190
@crestonvaz6190 2 жыл бұрын
Love it super simple and to the point.worth every minute
@rinainlondon8
@rinainlondon8 2 жыл бұрын
I’m watching all ur videos. I will start my business this year
@darrensenior7487
@darrensenior7487 4 жыл бұрын
actually that was a pretty good drawing of a cash register lol
@SmallBusinessToolbox
@SmallBusinessToolbox 4 жыл бұрын
Thank you. 😂
@sameerasmr6217
@sameerasmr6217 Жыл бұрын
What a teaching character. I subscribed in 1st sense. I'm working in a product factory and I want to learn through these account videos more to bright my future. I'm 25 years old. Thank you...!
@metalmonster1666
@metalmonster1666 6 жыл бұрын
Love your videos mate, gonna be teaching guitar in the coming new year and watching your videos really helps! Thanks for all the advice. Was wondering if you'd do a video that really focuses on tracking expenses using excel as well as mileage logs.
@ZozaAljubouri
@ZozaAljubouri 2 жыл бұрын
What the answer of this because I don’t understand the turn over??????? Calculate the turnover rate of 2022 for a company ( No of employee= 1530 - No of left employees = 240 )
@shahfibre
@shahfibre 3 жыл бұрын
excellent easy explanation and demonstration. wish i was landed at this page without wasting time on other videos on youtube.
@adebolasamuel4363
@adebolasamuel4363 5 жыл бұрын
So easy to understand. You have my attention now. I am about to start my business and I am just on my Business Plan now. God's blessings always.
@SmallBusinessToolbox
@SmallBusinessToolbox 5 жыл бұрын
Thank you and best of luck! 👍
@k1ortia
@k1ortia 3 жыл бұрын
Thank you very much for breaking that down so easily...
@sl1ckspurs
@sl1ckspurs 4 жыл бұрын
Mate - that was just BRILLIANT!! Subscribed.
@SmallBusinessToolbox
@SmallBusinessToolbox 4 жыл бұрын
Thank you - welcome to the channel! 👍
@ralfsdiezins1161
@ralfsdiezins1161 3 жыл бұрын
Love you mate, no homo. 8 min vid gave me more insight than reading official government pages or what Microsoft provided. Subbed.
@azizazhar
@azizazhar 3 жыл бұрын
Great video mate!
@deddywirata
@deddywirata 3 жыл бұрын
Thanks for this explanation!
@Onkarr
@Onkarr 3 жыл бұрын
Hella confusion but makes sense alittle more than before, Topman!
@rovino924
@rovino924 5 жыл бұрын
Thanks, I understand it clearly
@raulands
@raulands 5 жыл бұрын
Great video, thanks!
@hansdegroot8549
@hansdegroot8549 6 жыл бұрын
Money in business 101. Very well explained. (nothing new to me, as to the last words about Amazone) I didn't buy any shares either. :-(
@casablancasj2570
@casablancasj2570 5 жыл бұрын
Fantastic video, thank you!
@SmallBusinessToolbox
@SmallBusinessToolbox 5 жыл бұрын
No worries! 👍👊
@deutscher86
@deutscher86 5 жыл бұрын
THANK YOU VERY MUCH!
@SmallBusinessToolbox
@SmallBusinessToolbox 5 жыл бұрын
No worries! 👍
@emmanuelnoel7447
@emmanuelnoel7447 4 жыл бұрын
Great thanks man
@SmallBusinessToolbox
@SmallBusinessToolbox 4 жыл бұрын
No worries!
@650GSF
@650GSF 6 жыл бұрын
interesting stuff, I am a school caretaker, and was sent to train to do PAT testing to save the about a grand a year, so now I am thinking go self employed as a side line to make maybe just an extra 3 or 4K a year towards my retirement as I about about to turn 54, just trying to workout if it is worth giving it a go.
@SmallBusinessToolbox
@SmallBusinessToolbox 6 жыл бұрын
Great stuff - charge a decent rate, do a good job and you'll do just fine! 👍
@a000ab
@a000ab Жыл бұрын
If turnover and revenue are the same, then what are all these articles and video about the difference between turnover and revenue?
@janvrto4822
@janvrto4822 4 жыл бұрын
Well explained ;)
@solaymanbhuiyan3993
@solaymanbhuiyan3993 5 жыл бұрын
thanks that was really usefull
@robertiebert
@robertiebert 2 жыл бұрын
Sorry I didn't watch all of your video Andy, had to dash out and start a sweet shop 💷💷💷💷👍
@emporia5148
@emporia5148 2 жыл бұрын
Hi there! i am looking at my bank statements and need to determine my turnover. Can i use the same concept?
@shaolin6
@shaolin6 4 жыл бұрын
hey bud, thanks for the video. i was gonna ask, what the heck is a PHYSICAL CASH TURNOVER? cs i get what turnover is, but what is physical cash turnover?
@abcdefghpe420
@abcdefghpe420 4 жыл бұрын
What is pay out ratio
@SmallBusinessToolbox
@SmallBusinessToolbox 4 жыл бұрын
In what context?
@abcdefghpe420
@abcdefghpe420 4 жыл бұрын
@@SmallBusinessToolbox just a doubt
@freddiekustaa2633
@freddiekustaa2633 4 жыл бұрын
Perfect 👌, 🙇🏽‍♂️... you just earned a Sub..
@lucasteixeiranl4473
@lucasteixeiranl4473 4 жыл бұрын
Amazing!
@CartooonTHAT
@CartooonTHAT 6 жыл бұрын
i think i've seen this video before. anyway. question. when do, do youtube as a business. do you have to reveal your youtube channel. or do you just show them the adsense transactions of different months. you do keep records right?
@SmallBusinessToolbox
@SmallBusinessToolbox 6 жыл бұрын
Welcome over to this new channel! The only thing HMRC want to know is how much money you've made over the course of the tax year. They'd only ask for specifics if you got audited and very unlikely they'd want details on individual channels. You should still keep your own records for reference. 👍
@nukapuka
@nukapuka 3 жыл бұрын
Hei. So turnerover doesn't include taking out expenses as a self - employed?
@violeryn
@violeryn 3 жыл бұрын
I hope in the end you did invest in amazon shares... :)) Thanks for the video!
@pepesilvia620
@pepesilvia620 4 жыл бұрын
Great videos! Do wages count as expenses? For example if I had £25,000 turnover per year, had £2,000 expenses and then paid myself £20,000. Would my profit be £23,000 or £3,000? Class 4 N.I would be very pricey if the profit were £23,000, having only £3000 left to pay this and income tax after paying myself £20,000 to live per year.
@SmallBusinessToolbox
@SmallBusinessToolbox 4 жыл бұрын
That would be nice! 😀 No, wages to yourself aren't an expense but they are if they're wages to an employee. So you've made £23,000 profit - you should still find that's less NI than if you earned £23,000 as an employee. 👍
@pepesilvia620
@pepesilvia620 4 жыл бұрын
@@SmallBusinessToolbox Thanks for the help!
@aashpreetkaur1803
@aashpreetkaur1803 6 жыл бұрын
Great. Make more videos on topics you touched in this video.
@classicalbum
@classicalbum Жыл бұрын
Hi, if I fill in my tax return at the end of January I provide actual eanings from April to January. But as the tax year is April to April do I estimate the months from January to April that I don't have data for?
@SmallBusinessToolbox
@SmallBusinessToolbox Жыл бұрын
The tax return due Jan 2024 is for April 2022 to April 2023. For the current tax year that return isn't due until Jan 2025. 👍
@aashpreetkaur1803
@aashpreetkaur1803 6 жыл бұрын
How does Amazon manage with such little profit then? Are they NOT able to live the "rich" lifestyle with this?
@SmallBusinessToolbox
@SmallBusinessToolbox 6 жыл бұрын
Profits are worked out *after* you've taken giant salaries out. 👍😀
@lukemarsden5872
@lukemarsden5872 2 жыл бұрын
great video and great lesson - but loose the music, its distracting and dreadful
@Canigetanawwwwyyyyeeeah
@Canigetanawwwwyyyyeeeah 2 жыл бұрын
a didn't need all the different names that's just confused me now.....next video...all I wanted was a laymen explanation...seems so hard rot find. I hate my adhd for this crap....people
What is Profit and EBITDA?
21:36
Small Business Toolbox
Рет қаралды 4,1 М.
How much should you charge? Hourly rates if you're self employed!
34:20
Small Business Toolbox
Рет қаралды 55 М.
It’s all not real
00:15
V.A. show / Магика
Рет қаралды 20 МЛН
She made herself an ear of corn from his marmalade candies🌽🌽🌽
00:38
Valja & Maxim Family
Рет қаралды 18 МЛН
Mom Hack for Cooking Solo with a Little One! 🍳👶
00:15
5-Minute Crafts HOUSE
Рет қаралды 23 МЛН
Contractor Business Tips: Mindsets of a Profitable Leader
21:12
Contractor Fight TV
Рет қаралды 125 М.
What is Strategy? by Michael Porter - A Visual Summary
13:17
Verbal to Visual
Рет қаралды 45 М.
Why Good Employees Quit - the Main Reason for Employee Turnover
9:58
LEAD THE TEAM with Ben Fanning
Рет қаралды 56 М.
Has VAT registration Ruined my business - Tradesman
13:38
N Bundy Electrical
Рет қаралды 52 М.
7 Business Name Tips - Choosing a Name for Your Business!
20:11
Small Business Toolbox
Рет қаралды 27 М.
The YouTube Invalid Traffic 'bug'
18:10
Small Business Toolbox
Рет қаралды 32 М.
7 Popular Tax Write Offs That Could Trigger an IRS Audit
13:46
LYFE Accounting
Рет қаралды 143 М.
What business expenses can you actually claim?
18:55
Small Business Toolbox
Рет қаралды 1,4 М.
How To Speak Fluently In English About Almost Anything
1:49:55
EnglishAnyone
Рет қаралды 3,1 МЛН
What is a CASHFLOW forecast?
28:40
Small Business Toolbox
Рет қаралды 1,2 М.