Believe it or not, a business bank account can help you better manage your business cash flow. If you’re registered as an LLC or corporation, you’re required to have a separate bank account for company finances. If you’re a sole proprietor, it’s not required but still recommended to help you track your expenses.
Here’s the good news: Opening and maintaining a business bank account is easy. And it can be an exciting step in your journey as a business owner. We’ll walk you through the benefits, types of business accounts, and ultimately what you’ll need to know to open one.