Maintaining accurate financial records is crucial when running a business. One of the simplest yet easily missed things is setting up your accounts correctly from the start.
Depending on the structure of your business, you may be required to keep business funds in a separate account. If you are a sole proprietor, you may not be required to keep a separate account at some point; however, if your business is organized as a partnership or corporation, you must.
Continue reading to discover the most compelling reasons to open a business account.
Read full article here: https://bit.ly/3D9sPE2
Website: https://cjcpa.ca/