YOU should be laughing to the bank, not the bank. An introduction to a business bank account that will allow you to laugh to the bank.
Entrepreneurship is an adventure, but it is an adventure fraught with many risks.
As a small, fledgling business, there are many traps and snares that threaten to trip you over, and one of the most insidious traps that lie in our paths would be the business bank account we so sorely need for our businesses.
Of course, we can always rely on our personal bank accounts to send and receive payments.
But it’s definitely not a wise choice.
Why?
Because there won’t be a segregation between our personal and business bank accounts, and worse, our personal and business bank expenses get all mixed up.
As start-ups, mingling the two is sometimes inevitable.
But we should at least try to keep them distinct and separate.
Yet, most business bank accounts aren’t made for small businesses, not to mention new ones.
As a matter of opinion, even if yours is a stable business with more than enough cash to spare, it shouldn’t be a case where you throw money into the wind.
Many business bank accounts charge you a hefty fee for basic services, or provide unnecessary services that you will have to pay for.
What should you do then?
Fortunately for all of us, there exists an business bank account that provides you with only what you need, cost little or almost nothing to maintain, and rewards you for using their services.
This bank account is made for you to scale, so when your business expands, it will still cost little or almost nothing to scale and maintain.
Which business bank account am I talking about?