Bank account advice for Small Start Up Business

[Richard 1234]

This is the voice of someone who will never be wealthy, its not about what you can afford, its about avoiding needless expense.

 

 

No it's the voice of someone who does not want a bank account shut down on them with all the problems that can bring! Just because you never got caught does not mean others won't.

If you think that paying for a business account will stop you being wealthy you are deluded

 

 

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[skyhuck]

No it's the voice of someone who does not want a bank account shut down on them with all the problems that can bring! Just because you never got caught does not mean others won't.

If you think that paying for a business account will stop you being wealthy you are deluded

 

 

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Get caught??

 

I never advocated deceiving anyone, my bank were always fully aware, come on cheques in the business name are a bit of a give-away.

[swinny]

How can you pay cheques in a business name into a bank that thinks your mr x not your business name? (Running personal acc)

[skyhuck]

How can you pay cheques in a business name into a bank that thinks your mr x not your business name? (Running personal acc)

 

They had no issue with it.

[Richard 1234]

Get caught??

 

I never advocated deceiving anyone, my bank were always fully aware, come on cheques in the business name are a bit of a give-away.

 

 

That does not work now though does it? (At least I don't think it does).

And you did advocate deceiving the bank as they say in the small print that you can't run it as a business account(4 banks I know of do this as I/we have personal accounts with them!)

 

 

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[swinny]

They had no issue with it.

 

Thats good then.

 

Most of the banks closing around here! Will have to re assess at some point maybe

[skyhuck]

That does not work now though does it? (At least I don't think it does).

And you did advocate deceiving the bank as they say in the small print that you can't run it as a business account(4 banks I know of do this as I/we have personal accounts with them!)

 

 

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Please read my signature

 

I ran my business through a seconded joint bank account for about 15 years, with no issue.

[Richard 1234]

Please read my signature

 

 

 

I ran my business through a seconded joint bank account for about 15 years, with no issue.

 

 

I've read it and that's fine but you stomp on anyone who disagrees with petty insults

 

 

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[TimberCutterDartmoor]

Just open a second personal account and run the business through that, I did this for years.

 

I only opened a business account when I started my limited Co.

 

This.

 

Nonsense going for a business account for the figures quoted.

[Mortimer Firewood]

The only difference with a business Acount is the Bank get to shaft you more do you think they really care as long as they have your money.