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7 Ways to Separate Your Personal and Business Accounts

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Personal and Business Accounts

The question I seem to be getting over and over is…

How do I separate my personal and business accounts for my company? personal and business accounts

The answer is simple – Treat your business as a separate and distinct being. Structure your business as a real business and don’t commingle your personal expenses, credit, finances, and assets with it.

Unfortunately, many business owners believe there is no harm in depositing business income into their personal checking account or picking up some personal items when paying with a company credit card.
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Does Your Business Need a Federal Tax ID Number?

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Business Federal Tax ID Number

Starting a business involves a great deal of commitment, planning, research, and making key financial decisions. business federal tax id

One key choice concerns what type of business entity you want to establish. Your entity selection not only determines which form you will need to file for income tax returns but also dictates whether you will be able to create a separate credit profile that’s unique only to your business.
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The New Google ‘Beta’ Product: An Adwords Business Credit Card

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Google Credit Card for Small Business

Could your business use a line of credit on your next Google advertising campaign? google credit card

While companies like Amazon.com and Macy’s Inc have offered credit cards to its customers for years in order to increase sales now the internet giant Google is jumping on the credit granting bandwagon.

The new Google credit card for small business owners is Google’s first push into the business credit industry.
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How to Get a Small Business Grant

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How to Get a Small Business Grant

Did you know that many small businesses receive a major portion of their start-up costs from small business grants? how to get a small business credit

I’m sure you may hear grants being referred to as “free money” but it’s not. Grants are only made to cover the expenses that you or your company incurs when doing the work for which the grant is made.

You can get a grant as a sole proprietor, a corporation, or as a 501 (c) not-for-profit organization.
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