In this class, we've talked about personal finance and personal wealth building. Of course, entrepreneurship is a common path to generating more income (and doing it on your own terms). If you are a business owner, you may be looking at your personal Net Worth Tracking Sheet and your asset allocation and thinking: "my business could use something like this, too!"
You and your business are separate. And in some cases, different rules apply to business finance and to personal finance. But in many areas, there is overlap.
In this bonus lesson, I answer some of the most common questions about the similarities and differences between personal and business finance.
Thank you to Philip for starting this off with this community contribution.