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Updated over 4 years ago,
How to Setup Business Accounts
How do you guys/girls setup your business bank accounts? My questions are:
Do i need an LLC for a business bank account?
Can i hold multiple security deposits in one account? the money wouldnt touch my personal accounts so i dont see how that would be seen as commingling.
Do you use an account for rent/repairs as a “tenants/cashflow” account and then another for YOUR business expenses like printer paper and business trips?
Im new, thanks for your help.