Our favorite business bank accounts:
Novo: [ Ссылка ]
Mercury: [ Ссылка ]

In this video, I'll answer the common question of whether you need a business bank account for your LLC as a new business owner. A business bank account is super important for entrepreneurs because it keeps your personal and business money separate, making it easier for taxes, staying organized, protecting your business, and making you look more professional to clients.

Our favorite business must-haves:
💳 Best business credit cards:
[ Ссылка ]
🏦 Novo (best business bank):
[ Ссылка ]
🖥️ Best AI website builder ($3/month using code STARTUPWISE):
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⚙️ Northwest (best $39 LLC formation service):
[ Ссылка ]
💰 Payroll with Gusto (get 2 months free!):
[ Ссылка ]
👨💼 Best overseas staffing agency (save 80% on payroll):
[ Ссылка ]

Be sure to watch the entire video because I'll explain why having a business bank account is crucial for your business. For new business owners, it's essential to separate personal and business finances to avoid any legal issues should you get sued. I always use a dedicated business bank account because it protects limited liability, simplifies bookkeeping, and presents a more professional image to clients when sending invoices and receiving payments.

If you want to learn more about business, be sure to check out our other videos:

Business Formation Playlist:
[ Ссылка ]

Novo Review: Best Business Banking Account for 2024?:
[ Ссылка ]

Mercury Review: Best Business Banking Account for 2024?:
[ Ссылка ]

Request New Videos Here:
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More tutorials on our website:  
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Thanks for watching! I hope you have a wonderful day!    

-Charlie    

#Business #Businessbanking #LLC

Timeline:
0:00 - Intro
0:30 - The Simple Answer
1:21 - Importance Of A Separate Business Account
2:22 - Bookkeeping Benefits
3:26 - Having a Professional Business Checking Account With Your Business Name
3:51 - Business Banking Opportunities & Building Business Credit
4:29 - Business Credit Cards
5:14 - Conclusion

Disclaimer: Some of the links above may be affiliate links, meaning I may receive a small commission if you click on them. The commission is paid by the retailers at no cost to you, and this helps to support our channel and keep our videos free. Thank you! All info from our videos is compiled from online sources and our own experience, and we encourage you to do your due diligence. We appreciate your viewership!    

In addition, we are not financial advisors. StartupWise does not provide tax, legal, or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your due diligence before making any financial decisions.

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