When you first open up a small business, it is crucial to open up a business bank account. The Internal
Revenue Service, or IRS, requires businesses
to keep business funds separate from personal funds, so it is generally not a
good idea to try to get away using your regular personal account for your
business.
Getting a separate account for
your business can make things much simpler when it comes to keeping those
finances separate.
When you are first getting started
with small business banking, you may need some advice to get going in the right
direction. Finding a good bank for your new business can make a huge difference
in the convenience and success of your company. Before selecting the first
small business banking service...