Separating Personal and Business Finances

Open a small business bank account to keep personal and business financials separate to protect your funds and build credibility. Opening a business bank account is simple and easy, contact your local bank or online. Cost for opening a bank account ranges but the goal is to open an account with minimal cost free-$30 a month. It also depends on the number of deposits and transactions that will be processed through the bank account. Also, you should ask what the minimal deposited funds that are needed to open/maintain a business account.

• Open a business bank account: https://www.sba.gov/business-guide/launch-your-business/open-business-bank-account