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BUSINESS FINANCES
Open a Business Bank Account
Business and personal finances should always be kept separate!
When you open a business bank account, you’ll need to provide the bank with your business name and your business tax identification number (EIN).
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Hire a bookkeeper or use an online accounting system, like QuickBooks.
This is how you're going to stay on track! Especially if you sell product and need to keep inventory, book keeping will be essential.
BUSINESS FUNDING
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There are a variety of ways to fund your business!
Internal funding includes:
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Personal savings
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Funds from friends and family
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External funding includes:
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Small business loans
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Angel investors
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Venture capital
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