
You know the saying ‘Don’t mix business with pleasure’ Well… Same goes for your business finances too!! I struggle to look some clients in the eye, or blush in their presence! Over the years I’ve seen payments to online gambling, night after night in the pub, only fans, lingerie websites, only fans and even ED pills 🫢 And don’t get me started on the day to day stuff. Weekly grocery shops, school dinners (although I am guilty of that one too 🙈), holidays, family days out, vet bills (you know for their office guard dog… at home), someone even tried claiming for an operation!! My number one top tip to you will always be keep business and personal expenditure completely separate. The best way to do this is have a designated business bank account for business income and expenditure, that you transfer money across to your personal account for personal expenses. Your accountant will love you, if you can keep to this one top tip 😍👆🏼
© 2024 IJS Accountancy Limited t/a Ivy Wood