{"id":12723,"date":"2021-08-30T22:49:11","date_gmt":"2021-08-31T03:49:11","guid":{"rendered":"https:\/\/quadranslawandfinance.com\/?p=12723"},"modified":"2021-08-31T08:08:38","modified_gmt":"2021-08-31T13:08:38","slug":"business-financial-control-vs-personal","status":"publish","type":"post","link":"https:\/\/quadranslawandfinance.com\/en\/blog\/business-financial-control-vs-personal\/","title":{"rendered":"Business financial control vs. personal"},"content":{"rendered":"<p>Keeping control of finances, whether personal or business, takes a lot of\u00a0determination and care. That is why on this occasion we will talk about the\u00a0importance of this issue. Commonly, entrepreneurs tend to easily confuse the\u00a0concepts of personal and business finance, making notable mistakes in the\u00a0management of their company.<\/p>\n<p><strong>You may also be interested in our article: <a href=\"https:\/\/quadranslawandfinance.com\/en\/blog\/what-is-a-tax-regime\/\">What is a tax regime?<\/a><\/strong><\/p>\n<h2><strong>How to avoid errors in income and expenses of your company?<\/strong><\/h2>\n<p>To avoid mistakes in your financial control, it is important to have <strong>separate\u00a0accounts<\/strong>. That is, the money from the business cannot be used to defray\u00a0household or family expenses. This will at the same time avoid confusion when\u00a0rendering accounts with the Treasury.<\/p>\n<p>In Mexico 35% of people have a budget and 58% of them do it mentally.\u00a0Having adequate financial control for the company is also beneficial for your\u00a0personal finances. On a personal level, financial control allows us to identify how\u00a0much we spend and how much we save. In this way you protect yourself from\u00a0debt.<\/p>\n<p>To be effective, financial control must design defined strategies. This in order that\u00a0company administrators may be able to d<strong>etect deviations in budgets<\/strong>, <strong>balance\u00a0sheets and other financial aspects<\/strong>.<\/p>\n<p><strong>You may also be interested in our video: <a href=\"https:\/\/www.youtube.com\/watch?v=w6h6dyVUoAE\">What is financial education?<\/a><\/strong><\/p>\n<p>At <strong>QuAdrans Law and Finance<\/strong> we analyze the most important characteristics of\u00a0your company to <strong>create financial control implementation strategies that help your\u00a0business grow<\/strong>. If you want to know more about our<strong> accounting service<\/strong>, click <a href=\"https:\/\/quadranslawandfinance.com\/en\/services\/\"><strong>here<\/strong><\/a>.<\/p>\n<h2 style=\"text-align: center;\">Law firm of accountants and lawyers in Playa del Carmen<\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Keeping control of finances, whether personal or business, takes a lot of\u00a0determination and care. That is why on this occasion we will talk about the\u00a0importance of this issue. Commonly, entrepreneurs tend to easily confuse the\u00a0concepts of personal and business finance, making notable mistakes in the\u00a0management of their company. You may also be interested in our [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,54,1],"tags":[],"class_list":["post-12723","post","type-post","status-publish","format-standard","hentry","category-accountant","category-translations","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Business financial control vs. personal - QuAdrans law and finance<\/title>\n<meta name=\"description\" content=\"Learn the difference between business and personal financial management. | Legal and Accounting Consulting Service in Playa del Carmen\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/quadranslawandfinance.com\/en\/blog\/business-financial-control-vs-personal\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Business financial control vs. personal - 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