Keep business and personal records apart
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In law, a business is a living entity in its own right, separate from the existence of its founders and owners. Patrick Holt of DC strategy advises that it's important to maintain that distinction in financial and other documentation, and the use of bank accounts. Company records should be maintained separately so that the activities of the business are transparent and open to scrutiny. Topics: Business Processes, Legal, Management |
Patrick Holt, DC Strategy |