Get a Business Checking Account
If you are going to operate a business, whether it is located in a brick and mortar building or operated entirely online, you should strongly consider opening a business checking account. Doing this will enable you to keep your personal and business funds separate, which will make for much easier bookkeeping. It will also save you a lot of grief as you try to keep track of your business’ progress on a daily or weekly basis.
First Up – Do Your Homework
Before you open a business checking account you need to research the different banks in your area. The first place you should start is the bank you currently use for your personal accounts. If you tell them that you’re planning to open a business they might offer you some type of special discount on fees (or waive them entirely). They might also offer you some additional business incentives, …