
Mondays with Rick: Pitfalls of mixing personal and business finance
Dr. Rick Franza, Professor of Management at the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he talks about the pitfalls of mixing personal and business finances. The interview has been edited for clarity and impact. ABD: Often, when an entrepreneur or small business owner needs capital, it’s tempting to dip into personal funds for use in the business. What is your advice on that? Rick: It’s a huge challenge for small businesses or entrepreneurs to separate the two. Often, they







