10: Your Agency is Not a Bank, Separate Your Finances
It’s the gray area that no one really talks about… complete separation of personal and agency finances. Agency owners, we get it. It’s your agency and your money, so why are we even talking about this topic?
As the agency owner, it’s your responsibility to promote sound business decision making and running the agency as cleanly as possible – just as you expect your team to.
Not separating the personal and agency finances could:
impact the valuation of your agency
demoralize team members
lead to IRS implications (& brand damage!)
…and these are only some of the reasons why clarity and complete…
The skinny
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