Draw
The money needed to start a business is called "capital".
to make money
Its called capital
If that property (the underground storage tanks) is used in the business to make money and you are the owner of the business, then yes. I'm not a lawyer so this is only my opinion after reading the definition of business personal property.
capital
No, this is called embezzlement.
Money that you get from your business, is called business money.
An aircraft (plane, etc) that is used for personal reasons, as opposed to commerial reasons (to make money).
The money needed to start a business is called "capital".
No, personal drawings is money you take out of the busniess for your personal use.
to make money
Its called capital
The money used to start a business is called capital.
Money that is spent is called an expense. Expenses refer to the costs incurred in order to generate revenue or achieve a particular goal. Tracking expenses is important for managing personal or business finances effectively.
Yes, you can deposit personal funds into your business account, but it's important to keep clear records to distinguish between personal and business finances for tax and accounting purposes.
Money invested in business is called capital
The money used to start a business and keep it running is also called capital. Start-up money is sometimes called "seed money" or an investment.