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September 16, 2009
In This Issue:
It's all too easy for business owners to blur the lines between their personal and business lives. You can't stop doing the technical work of the business because you're the only one who does it "right." You work all day only to bring more work home with you every night. Your personal finances are so tightly connected to your business finances that they are one and the same.
We've worked with thousands of business owners who've fallen into this trap. Merging of your personal and business life presents a myriad of problems, and nowhere is this more obvious – and potentially devastating – than in the area of your financial security. In the first of a series of blog posts about the most common financial mistakes small business owners make, this week we discuss the pitfalls of using personal credit to finance your business.
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A business plan isn't a "set it and forget it" kind of document. It should be reviewed, re-energized and even restructured if it's not delivering on the vision you have for your business.
At the Business Plan 101 virtual training event, we'll provide you with a roadmap to creating, analyzing and driving your business plan strategy in a holistic, E-Myth way.
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- Have you been rejected for business financing?
- Do you have to sign personal guarantees for business lines of credit?
- Do you have access to the working capital you need to build and sustain your businesses?
If you need financing for your company, or if you're still using personal credit and guarantees in your business, you need to educate yourself on business credit strategies.
Click here for a complimentary business credit consultation and to obtain our free e-Book, "Unlimited Business Financing – Without a Personal Guarantee" – a step-by-step process for building a business credit asset.
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E-Myth Your Business
E-Myth Worldwide can show you how to free yourself from your daily routine, reconnect with your entrepreneurial vision and build a business that works; a business that delivers on time, every time, exactly as promised. Contact us today for a complimentary Business Consultation.
800.221.0266 (US & Canada) +1.707.569.5757 (International)
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