Why? Picking out banks and changing them is not exactly a ton of fun! Yet, it is so important in small business to ensure you have the right bank account for your small business.
Today we are going to go over four things that will help you choose a bank for your small business.
First, small lecture time (I promise to keep this short) – you need to have a completely separate bank, and expense tracking system for your business. You cannot mingle your personal and business funds. So even though my bank is a good 8 hours a way, it is a business account and it is completely separate.
Okay done lecturing – now on to how to pick out the best checking account for your small business.
Action Time: No go out and find that small business account and get it set up. (I finally did it!)