Personal and Business Accounts
The question I seem to be getting over and over is…
How do I separate my personal and business accounts for my company?
The answer is simple – Treat your business as a separate and distinct being. Structure your business as a real business and don’t commingle your personal expenses, credit, finances, and assets with it.
Unfortunately, many business owners believe there is no harm in depositing business income into their personal checking account or picking up some personal items when paying with a company credit card.
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