Category: Running a Business

Do You Need a Business Bank Account If You’re Self-Employed?

Do You Need a Business Bank Account If You’re Self-Employed?

If you’re self-employed, whether as an independent contractor, freelancer, consultant or another type of small business owner, chances are you have a lot of questions about how to best handle your finances. Among them: “Do I need a business bank account if I’m self-employed?”  The answer in many cases is “yes” and we’ll explain why here, as well as offer advice for choosing the best business bank account if you are self employed.  Do you need a business account if… Read More
5 Best Bank Accounts for Freelancers in 2022

5 Best Bank Accounts for Freelancers in 2022

Freelancers juggle invoicing, deadlines, client demands, cash flow and more. With that much on your plate, you want to simplify as much of your work as possible. And one way to do that is with a business bank account. The right bank account can help you manage your business finances more smoothly and efficiently, and provide valuable insights into the health of your freelance business.  Why freelancers need separate accounts There are several important reasons why freelancers need separate accounts:… Read More
The Complete Guide to Business Debit Cards

The Complete Guide to Business Debit Cards

In recent years the convenience of a payment card has made it easy for many business owners to access the capital in their business checking account seamlessly and easily without the need to cut a check. Here’s what you need to know about business debit cards. What is a business debit card?  A business debit card is a payment card that allows you to access funds from your business bank account to make purchases and withdraw cash. Business debit cards… Read More
The Best Banking Options for Small Businesses

The Best Banking Options for Small Businesses

When it comes to the types of banking options and services a business needs, small business owners have never had more choices. Whether you’re looking for a high-interest online savings account to build a nest egg for your company or a checking account you can easily deposit checks to and make purchases from, we’ve got you covered. Understanding Banking for Small Business Just like with the personal accounts you have at your bank, you also have different account options for… Read More
The Complete Guide To Business Bank Accounts

The Complete Guide To Business Bank Accounts

When it comes to managing your business cash flow, the tools you use can be hugely important. And whether you have a human accountant or opt for online accounting software, it all starts with your business bank accounts. Types of Business Bank Accounts When you hear the term “business bank accounts,” you probably think of a business checking account. Certainly, that is the most popular type of business account, but there are others. A business savings account lets you set… Read More
Everything You Need To Know About Small Business Banking

Everything You Need To Know About Small Business Banking

The banking needs you have for your company are likely different from those you have for your personal banking. It’s a smart idea to have separate accounts for your business banking so that you can easily identify business expenses for tax purposes. Let’s look deeper at small business banking. What is Business Banking? Business banking, also called commercial banking, refers to any financial accounts used exclusively for a company. These could include a business checking account, business savings account, certificates… Read More