Ben Gammell for Brex

What are the benefits of having a business bank account?

Running your business finances through your personal checking account might seem convenient when you're just starting out, but this is a shortcut that can create serious problems as your business grows. Mixing personal and business funds doesn't just complicate your bookkeeping. It exposes your personal assets to business risks, makes tax filing more difficult, and limits your company's ability to access credit when you need it most.

The solution is straightforward: Opening a business bank account. Why open a business bank account instead of using your personal account? It’s a simple step that creates a legal and financial boundary between you and your business, establishing your company as its own entity. M

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