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Interview Patty

Separate your personal and business bank accounts.

032-Separate-your-personal-and-business-bank-accountsHow do you manage your bookkeeping?

It's easy to lose track of your cash reserves and keep funding your business expenses from your personal account. You work so hard on your business, only to find out at the end of the month that you don’t have money left to pay for your living expenses. To avoid this, pay your business expenses from a dedicated-for-business credit card with a fixed credit limit. This gives you the flexibility and control to plan your cash in-flows in order to meet your cash-outflows.

Read the full article at: https://www.waveapps.com/blog/5-financial-tips-for-small-business-owners/

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