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 Which Documents Are Required to Open a Business Bank 2024

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- Every business needs a bank account, especially limited liability companies and corporations. If you don't have a business bank account, you could end up being held personally liable, should someone come after your business, and sue your company. For more on why it's important to keep your business and personal finances separate. We have an entire video on that topic linked below. In this video, we'll walk you through the steps of opening a business bank account. (soft piano music) A business checking account not only helps you use and store your money, but it also helps you separate your personal and business assets, collect money through merchant services and if you build the right relationship, can be instrumental in helping you get a business loan. The steps to opening a business bank account are simple. It's doing research, gathering your proper documentation, going through the application process, funding the account, and finally connecting a mer

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