It may seem easier to use your personal bank account for your new business; however, having a business bank account is a better idea. Here’s why.

• A business bank account is used for business transactions only, like accepting payments from clients and paying employees and vendors.
• Some businesses aren’t required to open a business bank account, but doing so offers many advantages, including – but not limited to – personal liability protection, fewer headaches at tax time, and a more professional image.
• Finding the right bank isn’t difficult if you know what to look for and which questions to ask.
• This story is for small business owners who want to understand why they should open a business bank account and how to choose the right type of account and bank.

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