Basically it is just me providing a serivice to people (legal of course) but I know people are more comfertable with giving their money to a company than to just some guy they barely know.
I think it will be easier to gain their trust having a business name, and it will help if they make their checks out to the name of the business. But then of course I will need to be able to cash those checks.
So what is need to open a business account?
2007-03-15 09:03:03 · 5 answers · asked by Anonymous in Business & Finance ➔ Small Business
the bank will ask for Articles of Organization/Formation, EIN and will need your Corporate Resolution about opening a bank account. if you don't have a resolution, some banks have a their own fill-in-the-blanks resolution for you to use.
visit your nearest banking center. they will surely give you an advice.
2007-03-15 09:14:51 · answer #1 · answered by Hinoktok 2 · 0⤊ 2⤋
Go to the government IRS web site and fill in the online application with a Doing Business As (DBA) name of your business and get an instant EIN Tax number.
Open a business checking account under that new tax number... I help people do this all the time. Its a free service. Don't let anyone make you pay over the Internet to do it.
2007-03-15 09:36:32 · answer #2 · answered by free_to_dream27 2 · 1⤊ 0⤋
Your bank will ask you for a copy of your business registration (not a license, just the registration)
Go to your county/city clerk office and register your business. In Virginia, this only takes 30 minutes and about $20, though each state will vary
2007-03-15 09:07:55 · answer #3 · answered by imisidro 7 · 0⤊ 0⤋
If it's just you, all you need is a business license, photo id, and a signature card. If you are likely to have employees, you might want to get a tax number from the IRS.
2007-03-15 09:20:37 · answer #4 · answered by Scott K 7 · 0⤊ 0⤋
money
2007-03-15 09:07:39 · answer #5 · answered by missmozee 3 · 0⤊ 2⤋