How to Open a Business Bank Account (and Why You Need One)

Wondering how to open a business bank account or why you might need one?

Although it’s possible to run a small business using your personal bank account, there are benefits to having a dedicated account for your business.

Keeping your business finances separate from your personal money will make it easier to manage cash flow and track business expenses. Another reason for opening a business checking account is that it will make you seem more professional to your customers in case they want to write you a check or you need to write them one. Lastly, having a business bank account can help you qualify for business financing, which you may need at some point.

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