Business
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Personal or Business Banking
Profits from your freelancing career can't simply be added into your personal bank account for the following reasons:
- Mixing personal and business finances can lead to an impossible task at tax season.
- You can be personally liable for lawsuits against your business.
"The single most important decision in evaluating a business is pricing power.
If you've got the power to raise prices without losing business to a competitor, you've got a very good business.
WARREN BUFFETT
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