do u have seperate bank accounts - buissness accounts and personal, or is that not necessary?
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do u have seperate bank accounts - buissness accounts and personal, or is that not necessary?
My personal account is my business account. Granted I try to use my credit card for most if not all of my business expenses each month so as to TRY to keep them separate a little.
I do recommend separate bank accounts if you can handle it.
I don't see why you'd need a business account (unless you have a business.) You don't write business checks. And then what would you put in your personal account if not income?
Maybe a business CC, but even then we don't really charge that much that's work-related.
Emily is absolutely correct. When I was actually operating a pay website as a business, which had lots of 'expenses' that had to be paid on a regular basis, I did maintain separate bank accounts. However, if your income comes from dancing you really don't need to maintain separate bank accounts.
What they said. I have a separate account for my website, but that's a whole other thing.