The Hidden Costs of Living Out of Your Business

Living off your business involves using company funds for personal expenses. Blending personal and business finances can pose numerous challenges for entrepreneurs. This presentation seeks to highlight the negative consequences of this approach and offer insights into its impact on business finances, tax optimization, and valuation. We will delve into strategies for effectively segregating personal and business finances to enhance financial well-being and long-term viability. 

Resources:

• The Hidden Costs of Living Out of Your Business Presentation
• The Hidden Costs of Living Out of Your Business Worksheet