Week 33 (Day 7): Separating Business and Personal Finances

Personal Finances for Business Owners
Written By Brandy Sparkman

Day 7: Weekly Recap & Reflection

  • Recap

  • Reflection Questions

  • Free Resource

Week 33 Day 7 Action Plan

Congratulations on completing Week 33 of our Financial Management Series! Let's recap what we have covered.


Week 33 Recap: Separating Business and Personal Finances

  • Setting the Stage for Separating Finances: Understanding the importance of separation.

  • Understanding the Importance of Separation: Recognizing risks and benefits.

  • Establishing Separate Financial Accounts: Creating dedicated accounts.

  • Developing Clear Financial Processes: Implementing clear guidelines.

  • Managing Overlapping Expenses: Addressing shared expenses.

It's reflection time! Take a moment today to reflect on what you learned during Week 33.


Reflective Questions

  • How has your perception of separating business and personal finances evolved this week?

  • What specific steps will you take to ensure clearer separation?

  • How do you anticipate this separation benefiting your business in the long term?

Free Resource:

Stay in Touch

I would love to hear how Week 33 went for you! Ready for Week 34?

Next Week: Retirement Planning

 
Brandy Sparkman
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Week 34 (Day 1): Retirement Planning
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Week 33 (Day 6): Separating Business and Personal Finances