With the school term just starting, your children will be inundated with offers of activities. Should they learn an instrument? Take up a sport? How about starting a business?
There are always going to be costs when you start a business. One in particular is securing premises from which to run it, as signing a commercial lease can be incredibly expensive.
As an independent business owner it is sometimes hard to stay on top of everything. Large retail and hospitality chains were traditionally much better at tracking the numbers. But today this is no longer the case.