247. Why It’s Crucial to Separate Your Business and Personal Assets

A Wiser Retirement®

When running a business, it's essential to maintain a clear distinction between business and personal assets. This separation is vital for liability protection, tax purposes, and enhancing professionalism. Tune in to this episode of A Wiser Retirement® Podcast as we discuss why it's important and how to implement it effectively.
Book Links:
- The E-Myth Revisited by Michael E. Gerber
- Marketing Made Simple by Donald Miller
- Building a Story Brand by Donald Miller
- Setting The Table by Danny Meyer
- Traction by Gino Wickman
Related Podcast Episodes:
- Ep 207: What are the biggest struggles of a small business owner?
- Ep 276: Tips to Grow and Scale Your Small Business with Marty Paradise
Related YouTube Videos:
- Asset Protection Strategies for Business Owners
- New FinCEN Rule for Small Business Owners

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- About Wiser Wealth Management
- Schedule a Complimentary Consultation: Discover how we can help you achieve financial freedom.
- Access Our Free Guides: Gain valuable insights on building a financial legacy, the importance of a financial advisor for business owners, post-divorce financial planning, and more!

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This podcast was produced by Wiser Wealth Management. Thanks for listening!

Chapters

1. Managing Personal and Business Finances (00:00:00)

2. Separating Personal and Business Finances (00:06:48)

3. Financial Segregation for Business Protection (00:13:30)

4. Building and Growing a Successful Business (00:24:49)