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paquito
Apprentice
Joined: 05 Jan 2007
Posts: 11
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 Posted: 10/03/07 - 04:11 Post subject: |
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| Hi! I am starting my first small business soon. I have set up almost everything and it looks like I only need to open a bank account. I know that I can run my business financially from my first account. However, I would like to open a corporate account so that I could track income and expenses much more efficiently. Could anyone tell me something more about specifics of opening it? |
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demetrius
Apprentice
Joined: 01 Apr 2004
Posts: 11
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| Posted: 11/13/07 - 23:25 Post subject: |
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Corporate bank account really can help you in terms of more efficient control of your finances. Before you open an account, you must inform of what is the best bank to do that, as it is natural that there will be more money than in the personal account. The best bank here would mean that the interest rates are low for any loan you make, and that you have good rates for savings. There are also various other possible benefits and you have to see what each bank that seems attractive to you has to offer. Also, take into the consideration mostly the banks that are specialized in dealing with major clients, not individuals, as they will be much better for you. For example, take a look at one of the banks at http://www.getincnow.com/services/
businessbankaccount.htm. You might also contact City Bank, as it is in my knowledge one of the largest in the world dealing specifically with business owners. Hope this helps. |
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