209. If I've got very minimal business expenses, should I be separating business from personal in a tool for my records?
Manage episode 410049793 series 3320019
Welcome to the Virtual Cafe where coffee meets money. This week we are chatting about The Money Barista coffee mug and how not to be 'pedestrian' or 'basic' with our beans. The discussion gets spicy when speaking of the perfect world vs when getting started it may look very different.
- When to separate the beans
- What to keep that are the most important things
- How things can change over time and to know when to separate records
- Make sure what is required in your area
- The right advice from certain professionals is important
- Not getting overwhelmed or sucked down the technical rabbit hole
- Which tool can make things easier (or much harder)
Combining your business and personal finances in accounting software may not be the right fit so knowing when it's time has some clues. Everything in business is not the same, there are different shapes and sizes. Numbers matter in whichever industry you are in and they help you understand your business finances.
We would love you to tune in for this episode and future discussions in the Virtual Cafe, where you too can get in control of your flipping digits.
We hope you enjoy this experience 🙏
Cheers ☕ Kerry & Kim
Grab your free TMB Savings Tool and get started saving money in your business!
Information contained in this podcast should be taken as general advice only and your personal circumstances have not been taken into account. It is recommended that you seek financial advice from a professional who is licensed to do so. If you choose to act upon the general advice shared, you do so at your own risk.
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