To do this you will have to estimate how much ice cream and other products you are likely to sell, and at what price. You will need to estimate how much income you will receive over the next 12 months, including VAT. Occasionally you may get a corporate client that will want to pay by cheque or even by credit or debit card, so you need to make your terms clear at the outset. The great majority of your customers will pay you in cash. These are issues that you should address before parting with any of your hard earned cash.
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