If your business is doing the mingle jingle, it’s time to STOP! You know, co-mingling funds…. EEK!
Everyone knows (or at least SHOULD know) that you need a separate bank account for your business finances.
But do you know how to pick a bank that will be a good fit for your unique business needs?
If you’re not sure which questions to ask, or how to weigh and compare bank features, then this link should help – it’s a list of questions I recently came across on a Quickbooks blog that acts as a checklist.
There are lots of other questions in the blog, too, that’ll really help you to choose the perfect bank for the long haul in your business.
What about you – are you looking to set up a new business bank account? If so, what features on a bank account (which can be anything from minimum balance requirement to an easy-to-use bank website) are the most important to you?
(P.S. If trying to select a bank for your business feels too overwhelming, please feel free to reach out and ask in the comments! We’d be happy to recommend a couple of banks that have worked well for our customers, and other readers may be able to recommend some too!)
Kerry Postel – Founder CEO Principal
Abacus Business Solutions
Has Higher National Diploma in Business and Finance, Certified in QuickBooks, Member of American Institute of Bookkeepers, and over 20 years of bookkeeping experience including construction, travel, restaurants, events management, and other various professional services.
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