Week 33 (Day 3): Separating Business and Personal Finances
Day 3: Understanding the Importance of Separation
Week 33 Day 3 Action Plan
Today, let's explore why separating business and personal finances is crucial for every business owner.
Take Action: Grasping the Importance of Separation
Recognize the risks associated with commingling business and personal finances.
Understand the legal and financial benefits of maintaining separation.
Helpful Tip:
Separating finances ensures accurate financial reporting and eases tax filing.
Stay in Touch
When did you last review your expenses to ensure each transaction was for business use?
