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Steps you can take to limit your personal liability against business losses include setting up a business bank account and forming the right type of entity. A business credit card can help fund ...
Planning Your Personal Finances. Good personal finance starts with two key practices — saving and budgeting. You should aim to save a portion of your salary each month. Financial experts often ...
Personal finance is the financial management that an individual or a family unit ... requires knowledge of the market for personal insurance. Business owners ...
Personal credit cards can offer 0 percent intro APR periods that last anywhere from 12 to 21 months for purchases and balance transfers. Business credit cards generally offer relatively shorter 0 ...
Unlike many other business entities, the sole proprietorship lacks a clear distinction between personal and business income. [23] The business owner is personally liable for income tax and National Insurance contributions due on the business profits in each tax year. They are also personally liable for any debts the business incurs. Business ...
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