Laurent is starting his own game development business. What is a benefit to separating his personal finances and his business finances?
(1 point)
potential qualification for business loans
accounting is more difficult
game development budget impacts his personal budget
account balance in the business account will stay low
1 answer
A benefit to separating his personal finances and his business finances is potential qualification for business loans. By keeping his business finances separate, Laurent can establish a strong credit history and financial track record for his business, increasing his chances of obtaining loans and funding for his game development business.
1 answer