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4. Open a Business Bank Account
ОглавлениеWhen you register your company name you’ll need a business bank account. This presents a level of professionalism in your business, but it also keeps a division between your personal and business life. You should always keep your business and personal check-writing separate. This way you’ll be able to receive and make payments from your company instead of from your personal account. It will help make bookkeeping a lot easier. If you choose to incorporate, a business account is a must.
Most banks require that you have an EIN or BN before you can open a commercial checking account. See your local bank regarding the types of accounts and services it has available for small businesses like yours. Each one has varying service fees and cost advantages.