In this 2 Minute Tip, we’ll look at the importance of having a separate bank account for your speaking or performing business. Even if you’re just starting out—it’s good to start out right.
There are some easy, online options for setting up a bank account, too. Check out Simple Bank it’s a great, and simple way to organize your business. You can also check with your current bank about opening another checking on savings accounts. Be careful, though. If you want to open a business account—you’ll have to have the official documents, licenses, and more. This can be a crazy road to go down. And, someday, you’ll need to do it. Maybe that day is today. Always get the advice of a CPA when it comes to this stuff. You’ll be glad you did.