S2E6: Personal vs. Business Finance
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S2E6: Personal vs. Business Finance
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In the sixth and final episode of season two’s Money Minutes podcast, Sharmadean had the opportunity to chat with Sarit Packer, chef, author and co-founder of restaurant business Honey & Co., about the process of keeping personal and business finances separate.
Sarit’s business partner, Itamar Srulovich, is also her husband, and six months after opening their first business, their accountant made it clear that they would have to start separating their personal belongings, assets and cash from that of their business. It was also at this point that Sarit started considering the benefits of a business card.
But what issues did Sarit and Itamar encounter prior to this, and was the personal-to-business cash transition an easy one? Sharmadean and Sarit discuss all.
For more tips and advice on how to run a small business, visit: https://www.americanexpress.com/en-gb/business/trends-and-insights/
Host: Sharmadean Reid @sharmadeanreid
Guest: Sarit Packer, Honey & Co
Produced by Palm Tree Island - http://www.palmtreeisland.co.uk
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