Your Business Doesn't Have Money Blocks
There’s a lot of talk about money blocks, and they can be quite a mystery. Many of us have an area in life that feels so hard and like it might never get better. If money is this area for you and you believe you have money blocks affecting your business, I would like to share an idea that might help you shift this.
Your business doesn't have money blocks. Your business is a separate entity from yourself. Even if you are a sole proprietor and the IRS says you and your business are one and the same for tax purposes. You are not your business, and your business is not you.
To help you see yourself as separate from your business, keeping business and personal finances separate is very important.
In addition to helping you see yourself as financially separate from your business, there are other vital reasons to separate business and personal:
It’s harder to do bookkeeping when personal and business are all running through the same accounts. And it’s hard to outsource your bookkeeping to an accounting professional with things mixed together. They will have many more questions than if things were separate, and the chances for inaccuracies increase significantly.
When everything is mixed together, we can’t see clearly how the business is doing financially and how you are doing financially.
If your business is an entity other than a sole proprietorship, it is required by law to maintain the legal protection that being a separate legal entity provides.
Many business owners start as sole proprietors, and as they grow in business and possibly legally separate themselves from their businesses by becoming an LLC or a corporation, they keep business and personal separate more and more. This is a good thing because what is happening in this transition from I am my business, and my business is me to I am a separate entity from my business is an energetic shift.
When we have everything meshed together, we can believe that our business will behave the way we've behaved according to our belief systems. Our businesses are energetic entities here to do what they are meant to do in the world and are separate from us. We are the stewards of our businesses.
So, how about we keep our money “stuff” to ourselves and view our business as follows?
Our business has its own trajectory, energy, abundance, and limitless potential. It exists to serve and has its own support. What we may believe about money and what we may have experienced about money has nothing to do with our business.
Now that you know your business doesn't have money blocks, can you let go and believe the business can produce and bring forth the profits that can pay you so that you can also translate the abundance of your business into your own life and experience the safety and security that your business knows is possible?
Did you catch that? You need to be paid!
Not asking your business to earn enough profits to pay you well is another way we transfer our money “stuff” to our business. How will you steward the business if you can’t pay your bills? How can you create if you are living in a survival state?
When we put Owner’s Pay on our Forecasts, we declare what the business needs to provide to you, the owner, and call it in.