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There are a lot of things you’ll want to invest in to make the day-to-day running of your business easier. For example, keeping on top of cash flow can be one of the most challenging aspects of being a budding entrepreneur. However, there are tools out there which can help, such as a dedicated business bank account.
Here, you’ll discover what a dedicated business account is, how it works, and the benefits one can provide for you and your company.
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What Is a Business Bank Account?
A business account is much like a personal account. It allows you to deposit money into it, make payments using a debit card, set up bill payments, and transfer money to other accounts.
The difference is that it is opened under your business name. Moreover, you actually need a business bank account if you’re running an incorporated or limited … Read More