Book a free call with us!
Do you or your spouse have a business or side hustle? In this episode we will lay out exactly why & how to separate your business finances from your personal finances. We'll cover:

Importance of separating business finances from personal finances
Separating business & personal finances makes budgeting easier
How to have conversations about business finances and goals with your spouse
How to set yourself up to make tax season super easy
A hack to highlight business and personal transactions on bank statements
The process of making a list of quarterly and annual expenses for each category
Why you need separate bank accounts for personal and business finances
When you might need to bring all finances together before separating them in order to help identify and consolidate accounts
How separating finances ensures clarity in understanding the profitability of the business
How separating business and personal finances removes the risk of the business affecting your personal budget goals
How separating finances helps you know if your business is actually making money (is the business generating profit or incurring losses?)

Grab the book Profit First here.
⁠Book a free call with us!⁠
Connect With Us:
Website →⁠⁠ ⁠https://myidealbalance.com⁠⁠⁠
Email → info@myidealbalance.com
Podcast →⁠⁠ ⁠https://anchor.fm/idealbalance ⁠⁠⁠
Facebook →⁠⁠ @MyIdealBalance⁠⁠⁠ 
YouTube→⁠⁠ ⁠@IdealBalance⁠⁠⁠ 


---

Send in a voice message: https://podcasters.spotify.com/pod/show/idealbalance/message