Friday, December 10, 2010

7 Strategic Solutions for Creating a New Relationship with Money

Strategic Solution #6:

Include yourself in your business plan of circulation and yes, your business must have a plan.

I’ve owned my own business for over 25 years. I really never thought about separating business and personal accounts until about 8 years ago.

Once I did that and I knew exactly how much I needed to live on each month, I was able to create a plan of circulation for my business and plug myself into that plan and then proceed from there. Your business must pay you - yes? This must be a no-brainer.

Including myself in my business plan has made it easier to run my business with more clarity. Even when I make loans to the company, I keep track of the exact amount I’ve loaned with the intention of paying myself back.

Make a plan, include yourself in the plan and follow it - period.

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