Multiple small revenue streams - consolidate expenses across all? (Sole prop)
By Alicia Human · Updated
I have multiple small revenue streams, some with expenses attached to them. Do I ringfence each income/expense area, or do I consolidate them which would enable 'cross-subsidisation' of expenses?
Each type of extra business income earned will need to be completed separately and then either ringfenced or not depending on whether you do see profits to be made int he future.