It can be easy to mix up your personal and business finances if there’s not a defined line between the two. Having a set plan to track your business income and expenses is the first step to building your entrepreneur salary.
Start with opening a business bank account, and move all of your company’s income and expenses to it. You can also apply for a business credit card to help build credit.
65
192 reads
CURATED FROM
IDEAS CURATED BY
The Salary Of The Big Boss
“
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
How to start a successful business
How to build a strong team
How to market your business
Related collections
Similar ideas to Building an Entrepreneur Salary: Separate Your Personal and Business Finances
Profits from your freelancing career can't simply be added into your personal bank account for the following reasons:
Budgeting is simply balancing your expenses with your income.
It's a plan for the coordination of resources and expenditures. When you budget your money, there’s a desired outcome. And being able to track your spending should ultimately move you in the right direction towar...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates