Bank

Discussion in 'Starting a Lawn Care Business' started by Kut N Edge, Jul 30, 2007.

  1. Kut N Edge

    Kut N Edge LawnSite Member
    Posts: 57

    Now that i have my business registered once and for all... is it important or necessary to open a bank account? :dizzy:
     
  2. DillonsLawnCare

    DillonsLawnCare LawnSite Bronze Member
    Posts: 1,100

    yeah!!!! definately a business account. thats what i did.
     
  3. HOOLIE

    HOOLIE LawnSite Gold Member
    Posts: 3,981

    Yup, it's the easiest way to get the money in the bank :rolleyes: Unless you want to drive to each of your customers banks and cash their checks that way.

    I'm guessing you might be a young guy...yes open an account for your business.
     
  4. echeandia

    echeandia LawnSite Bronze Member
    Posts: 1,131

    How will you deal with check and pay your bills? Come oh man!
     
  5. DillonsLawnCare

    DillonsLawnCare LawnSite Bronze Member
    Posts: 1,100

    thats why you have your personal checking account
    and then have a seperate business account.
     
  6. vaughnslawns

    vaughnslawns LawnSite Senior Member
    Posts: 324

    Check Into A Dba Checking.
     
  7. DillonsLawnCare

    DillonsLawnCare LawnSite Bronze Member
    Posts: 1,100

    yah, a "doing business as" (dba) account. thats what i got.....
     
  8. carcrz

    carcrz LawnSite Silver Member
    Posts: 2,085

    make sure you keep 'em separate too.
     
  9. supercuts

    supercuts LawnSite Silver Member
    Posts: 2,785

    now that you have a business name, im assuming your customers will be making the checks out to that name. your bank wont let you cash them which is why you need your business account. assuming your paying taxes your accountant will kill you if you do it all through your personal account. keep them separated
     
  10. Kut N Edge

    Kut N Edge LawnSite Member
    Posts: 57

    whats the difference between a business account and a dba account
     

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