So 2011 is definitively the positive year, we are already capitalizing and if I receive my Bar salary (last payment was December) then we would have reached break even.
This means the 3rd and 4th month canceled the loss of the first couple of months. From March on is all profit and we forecast July/August as our target financial objective.
It is taking longer than we expected and it may have some twists in our plan, but you'll know about that later.... :D
Expenses - Budget 1600 Pounds - Reality - 1800 Pounds
Income - Budget 2500 Pounds - Reality 2400 Pounds (my budget did not include my bar salary...)
Result - Budget +900 Pounds - Reality +600 Pounds
Status = -650 Pounds
Income - Budget 2500 Pounds - Reality 2400 Pounds (my budget did not include my bar salary...)
Result - Budget +900 Pounds - Reality +600 Pounds
Status = -650 Pounds
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