I mean, as far as insurance and permits and stuff like that. What would I need? Should I get an LLC? I am in partnership with another person, what would you recommend as far as contracts, and should we have a joint business bank account? Any info is appreciated.

I have been working as self employed and have started my own ltd company do i have to get a business bank account to get paid

I’m a one-person consulting company in the US. I performed consulting work for a company in Germany, all done remotely. They direct deposited to my business bank account in the US once the work was completed. Do I pay federal taxes on that income? I assume yes, but is it treated any different from if [...]

It is just me running the business as a sole trader. There are no employees, virtually no capital (except my laptop) and no physical goods. Turnover is less than k. Do I need to take out business insurance or can I go without it? The only reason I question is because the bank has a [...]

We have no need for a physical business address but all of the state forms seem to need one. We are concerned about using a rented apartment and a parents’ physical address (where we work from) for liability reasons. (Neither will be used as tax deduction). The primary purpose of registering is to [...]

I have money in a personal cd and a couple of hundred in my savings and checking. I own a small boutique that is currently only accepting cash. Could I deposit my money in my personal savings for now until I set up a merchant account along with a business bank account?

We are going to trade in Europe this week and I could do with setting up aUK business bank account that takes Euros. Does anyone know how to do this and who is best?

I have a couple of hundred in my savings and checking. I own a small boutique that is currently only accepting cash. Could I deposit my money in my personal savings for now until I set up a merchant account along with a business bank account?

I don’t want to be stuck with one bank and want a few business accounts with different banks. Can I open more than one account if I want to? If so, do I need to declare to my existing bank that I’m opening another business bank account, or is it none of their business? Thanks [...]

We are currently using an online bill payment company which charges a fee for taking payments. We act as a local payment station. We set the service price, but not all of the bills are accepted by the online payment company. We want to know if we can use a business bank [...]