BQPortfolio: Budding Entrepreneur Kimberly Wants To Know How To Juggle Business And Personal Goals
For business owners, often the best investment is to put more money in their own businesses. Here’s how it can help.
BQPortfolio speaks to citizens from across India about their financial goals and helps them access expert advice on how to achieve them.
A problem many business owners face is the inability to separate their finances from that of the business. As a result, personal goals, which require planning and resources, often get relegated in the interest of business expansion and growth.
Kimberly Fernandez, a 23-year-old resident of Mumbai, wants to learn early how to best utilise the surplus her one-year-old business is generating. While it’s not a substantial amount, with the business likely to double in size this year, the surplus is seen growing too.
On this episode of BQPortfolio, Arvind Rao, a SEBI-registered investment adviser, tells Fernandez she needs to start by paying herself a small salary.
How will that help? To know more, watch the show here