Loan Personal Money to Your Business Only When Necessary
"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."
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Affiliated Company:
Tin Shingle, LLC
