CEO Teaches a Pivotal Step you MUST Take When you Start Your New Small Business! - Business Success!

Accounting CEO answers one of the most important and frequently asked questions about small business: "Do I really NEED a separate business checking account?"

If you'd like CEO Travis Idol and his accounting team help you to grow from Startup to Success Story, reach out to them and get them in your corner:

Accounting Management Solutions LLC
https://www.acctmgmtllc.com/
[email protected]
(336) 279-7254

00:00 Travis Idol - CEO of Accounting Management Solutions LLC
00:18 Do I Need a Business Checking Account for My LLC?
01:58 Should my Business Account and Personal Account be at the Same Bank?
02:32 "Paying Yourself" vs "Using the Business Account for Personal Expenses"
03:21 Tax Impact of Using a Business vs Personal Checking Account?
03:54 Take a Distribution vs Pay Myself a Salary?
04:50 How to Shelter my Account from Bank Fees?
05:47 Is there a "Reasonable" number of required transactions?
06:40 What Type of Direct Deposits Could a Business Owner Expect to Make?
08:11 Pitfalls to Avoid in Business
08:47 If You Remember NOTHING Else, Remember This!

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