
6.7K
VA“You only have 1 bank account?!?!”
If you’ve heard that before, you are in trouble.
If you mix business money with personal money, you are opening yourself up to an audit, trouble with the IRS and really bad accounting practices.
Plus, how can you tell what money is for the business and what is yours?
You can’t!
But you are not alone. I’ve been there and it's not fun.
Here’s how you fix it:
1. Get a separate business checking account for your business. NOW
2. When money comes into the business it goes into the business account
3. Only spend personal money from your personal account on personal items
4. Then go print your bank statements and fix your mistakes from the past.
Hopefully, you will only have to do this once.
However, your future self will thank you for it.
If you want a link to the business checking account that I use…
Comment “RELAY123” and I’ll send it over.
@vanadergrowth










