FitSmallBusiness Features Tips from Tin Shingle on Separating Personal From Business Expenses


Loan Personal Money to Your Business Only When Necessary

From the article...

"Are you financing your business from your personal funds? You may do this only when necessary – but you have to ensure that you loan the money to your business and log this to your accounting software as a business loan. Monitor how much your business has borrowed from your personal funds, and ensure to set a strict payment timeline for your business to pay the money it owes to your personal account."

Affiliated Company: 
Tin Shingle, LLC