SUCCEED 20 / 20 BUSINESS VISION PLAN
This plan is intended to guide you and your business from a to z which will create value for your business and make your business lendable for business funding.
STEP 9 - BUSINESS ACCOUNTS
Now that we have our NAICS and SIC codes and business forms sent off to irs and our employees and contractors, it is time to open up the business bank account.
BUSINESS BANK AND MERCHANT ACOUNTS
Your business will need to business account along with a merchant account to take credit cards from clients or other businesses.
1. Do you need a Business Bank Account?
Now it is time to select the bank or credit union of choice for your business account. Make sure you choose a bank or credit union with no previous relationships.
Set Up Your Business Account2. Do you need business accounting software?
Every business should have business accounting software to manage all bank accounts and credit cards associated with the business. This will allow an accounting firm to manage an account your business.
Get Your Accounting Software3. Do you need monthly accounting for your business?
Every business needs monthly accounting to get the maximum tax deductions. This is how you identify the real profits of the business.
Go to Step 10
Business accounting is one of the most important things in your business. Without you don't have a business.
Proceed to Step 10
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