Building Business Tip #4 – Separate Business and Personal

Separate Business and Personal

 

 

 

 

 

 

 

 

 

Run your business like a business.

Many business owners operate their business as an extension of their personal finances using personal bank accounts and credit cards.

This is not a good idea.  Make sure you have the right structure to run your business (eg, company, trust etc) and separate your business finances into it’s own bank accounts and credit card/s.