One of the biggest mistakes I see business owners make is treating their business like a personal ATM. Logging into your business account, seeing money sitting there, and using it for groceries or personal bills might feel harmless - but this habit will keep you broke, stressed, and stuck.

In this episode of Money First, CEO, I share how I used to treat my business like a piggy bank, the financial chaos it created, and the exact system I now use to separate business and personal money with absolute clarity. I explain why mixing your business and personal finances leads to messy bookkeeping, unnecessary accountant questions, and painful director’s loan accounts that create unexpected tax bills.

The turning point came when I implemented Profit First and set up separate bank accounts for income, profit, owner’s pay, tax, and operating expenses. I’ll show you how this structure allows you to pay yourself consistently like a CEO, stay on top of taxes, and actually see real profit in your business.

If you’ve ever felt like you’re working hard but never getting ahead financially, this episode will give you the clarity and confidence to stop treating your business as your bank account and start using it as a true wealth-building tool.

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🔗 Where to Find Harman:
Website: www.blubookkeepers.com.au
Instagram: @blubookkeepers

Facebook: @blubookkeepersau
TikTok: @profitwithharman
LinkedIn: Harman Johnston

📞 Ready to Take Control of Your Business Finances?
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📩 Have a Question or Want to Be a Guest?
Email me directly at: [email protected]