5 Actions to Bring Stability to Your Income

The following 5 Actions are steps you can take TODAY that will Bring Stability and Predictability to Your Income.

1. Segregate Business and Personal Finances — maintain separate bank accounts, separate credit cards, and separate accounting/record keeping
   
2. Create a Personal Salary that is Separate from your Business Revenue — Your business has expenses and taxes plus your retirement and benefits must be funded before you pay yourself a salary, and don’t forget the business reserve account
   
3. Don’t Spend Anticipated Revenue — Forecasts can change and a "sure thing” may not materialize, so don’t pre-spend those funds until they are real
   
4. Plan for All Expenses coming down the Pike — Some expenses are irregular and/or infrequent, but you still need to have a plan to deal with them
   
5. Build up your Reserve accounts — you need both Personal and Business reserve accounts to weather any uncertainties thrown your way
   

vertical Please schedule a time Today for help Implementing any of these strategies Book Now