Growing a workshop takes money: a new tool, more space, a bigger order of timber. Most of it comes from saving, a little at a time.
Pay yourself first
Each time a payment lands in your MANDE wallet, set a small share aside before you spend anything else. Even 10% of every payment adds up quickly.
Keep business and personal money apart
Use a separate account for the workshop. It makes it easy to see what the business really earns, and what you can afford to invest.
Write it down
Keep a simple record of what comes in and what goes out for each job. It shows you which jobs pay best, and it’s exactly what a lender will ask to see.
Save with a goal
Savings are also part of qualifying for a loan through the MANDE Accelerator Program: you’ll need about 10% of the loan set aside. Saving now means you’re ready when your rank is.
