My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Growth Strategies

How can I separate my business and personal credit?

min read
Opinions expressed by Entrepreneur contributors are their own.
A few basics to ensure separation of business and personal credit are:

1. Establishing tax ID for business.

2. Establish separate bank and credit card accounts for the business using its tax ID.

3. If you get loans for business purposes, you can put them under the business name/tax ID. Normally the lender will make you sign both on behalf of the business as well as providing a personal guarantee and putting your personal assets as collateral.

If you have specific questions, you can visit with your accountant or post additional questions.

More from Entrepreneur

David provides constructive insight to help businesses focus on their company growth, build brand awareness and know when and how to raise money.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are you paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur