Sprint Home Office Fundamentals Astrology. Send us your comments, requests and feedback. HomeBiz Guides Step 14. Open a Business Checking Account Call several banks to find out what services they offer, and what minimum balance, if any, must be maintained to avoid paying a service charge. Also ask about credit card if you plan to offer this convenience to your customers.
Bank fees can be significant, so shop around for the best deal.
If your personal checking account is with a credit union, see if it can also provide a separate business account. Finally, investigate obtaining a credit card in the business's name. If this is not possible, set aside a personal credit card to use for business expenses. Check Out the Post-Office and UPS Purchase the Necessary Insurance Organize the House and Yourself Step 15. For each month, set up columnar sheets for income and expenses.