What are the most important financial steps for entrepreneurial couples?

The six essential steps for entrepreneurial couples are: (1) Separate personal and business finances by maintaining an emergency fund, separate retirement accounts, and clear household budgets; (2) Protect income with life insurance to replace lost income and cover business debts if one partner passes away; (3) Secure disability insurance to protect against income loss from illness or injury; (4) Build a long-term investment strategy with retirement savings, tax-efficient investing, and passive income strategies; (5) Create an estate and succession plan including wills, powers of attorney, and corporate agreements; and (6) Review your financial plan annually to ensure coverage and strategies remain aligned with evolving circumstances.