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Establishing a Business Bank Account

Why it's important to separate your business and personal assets

This story appears in the July 2002 issue of Teen Startups.

(YoungBiz.com) - Are all the best banks created equal? Definitely not. Ditto for all bank accounts. As a 'trep on the road to success, a business bank account will be an important part of your arsenal. Checks printed with your company's name look professional and tell the world you mean business. And, beyond the cosmetics, a bank account will help you manage your business's cash flow and tell you if you're right on target.or need to make some adjustments.

But, just like every other decision you make, you've got to be savvy when it comes to choosing the bank account that's right for you and your business.

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