Do you have business bank account?

nomad

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• Jun 4, 2024

• #1

In our country, it is mandatory to have a business account for a business. Business cannot be operated through a personal bank account. I have two business bank accounts. What about you?

 

eldavis

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• Jun 5, 2024

• #2

Over here it is not mandatory to have one, but a lot of business owners have a bank account for their business. It makes it more professional and it helps in terms of management.

 

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Stardom22

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• Jun 5, 2024

• #3

Yes l do have business account for my business. I find the business finance management to be so simply with its own bank account

 

freelancermaria

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• Jun 5, 2024

• #4

I have not set up an offline business yet as I am primarily focused online. Therefore, I have not opened a business bank account.

 

Shavkat

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• Jun 5, 2024

• #5

Yes, I have a business bank account. It is best to have this to prevent from mixing up personal money and business money.

 

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King Belieal

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• Jun 5, 2024

• #6

It is a mandatory requirement that a business must have a corporate account before it is being registered in my country. As a registered business, I have a corporate account.

 

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Ratine

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• Jun 9, 2024

• #7

I run a very small business that looks like a side hustle and have less profits coming.

 

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Etini Willie

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• Jul 19, 2024

• #8

Ratine said:

I run a very small business that looks like a side hustle and have less profits coming.

Click to expand...

That doesn't mean you shouldn't have a bank account for that business. A bank account would help you track the finances for that business properly.

 

Golden9

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• Aug 12, 2024

• #9

It's not necessary here especially for small businesses, but it's very helpful for growth and professionalism. Most people start without one, then open a suitable account as the business grows.

 

Sanjeev

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• Aug 12, 2024

• #10

No, I don't own a business so I don't have a business account. In our country too we have to open a business account if we have a business.

 

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Fidelia

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• Aug 14, 2024

• #11

My business has a special account that was designated for business funds. It is important to me so that I don't get to spend business funds on personal needs.

 

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timewo

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• Aug 16, 2024

• #12

I have three business bank accounts, though I cannot receive payment in one of them after the merger of the bank with another large bank.

 

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Springtime

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• Aug 16, 2024

• #13

I am a freelancer. I do not operate a business, hence no need to have a business account. Here, a lot of small stores do not have a business account.

 

Kera

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• Sep 15, 2024

• #14

Business bank accounts is like a basic thing for every business you I have. Business transaction can't be done with personal account. So unprofessional.

 

cherry123

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• Sep 15, 2024

• #15

Not for now but I will soon be having one as I intend to start my business as soon as possible

 

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Kosi G

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• Nov 5, 2024

• #16

I don't have a business for now. And there is no need to open a business bank account because the process is rigorous.