Suppose that you have been operating an online marketing business out of your home,and the business has recently expanded beyond belief.Since you have neglected your personal finances for some time,what would you do as a first step?
A)Separate your personal finances from the business finances.
B)Combine your personal finances and business finances to save time.
C)Rent a separate office for your business activities.
D)Purchase a software program to handle both your business and personal finance at the same time.

Question

Quizplus · Accepted Answer

Separating personal finances from business finances is the best option. It helps to avoid confusion and makes it easier to track expenses and income for the business. This also helps to avoid any tax or legal complications in the future.

Suppose That You Have Been Operating an Online Marketing Business