checking accounts Archives - SMALL BUSINESS CEO

Having a checking account can help you manage your finances better. It not only keeps your money safe while earning interest, but it’s also the best account option if you are making large purchases.

Opening a checking account

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If you plan to open an account, whether or not you already have one, you should consider getting a checking account. Its application process is pretty straightforward.

Here are the steps you can follow to open one.

Choose an Institution

When you are ready to apply for an account, you need to find an institution. You can get a checking account in banks and credit unions, so you better start searching for one.…

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Small business checking accounts let business owners (you) manage their taxes, legality and money issues in a practical manner. As an aside, customers, suppliers and clients can write checks to the business itself, adding more professionalism to the small business.

Here are several differences between business checking accounts and personal accounts – as well as why it is worth your time and effort to keep business expenses from being attached to your personal banking accounts.

1. Legal Protection

Using a personal account for business finances is a huge no-no, as it increases the chances of affecting your legal liability. Whether you set up an LLC or corporation, you are given liability protection.…

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Resources and Knowledge for the Small Business CEO

POSTS TAGGED : checking accounts

5 Important Steps to Open a Checking Account

Choose an Institution

5 Reasons Small Businesses Need to Keep Checking Accounts Separate

1. Legal Protection

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