BAC-03 Expense Trackers

About this resource

A crucial part of the business side to teaching guitar is keeping records of any expenses. Keeping records using these simple trackers not only make it easier to prepare tax returns, but they can provide you with important insights into how you're spending your money and whether you're getting any value out of it. You may discover that the newspaper advertising you have been paying for every month isn't bringing in any new students or that the Google Adwords expenses are bringing in three new students a month. A simple observation like that can save you a lot of money over time.

There are two expense trackers available - one for weekly expenses and one for monthly expenses. Use whichever one suits your situation better. Be sure to use these trackers in combination with an income tracker.

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Related resources

BAC-02 Income Trackers