A business bank account is a critical component for any business owner. It creates a separate place for your business finances and transactions to live, which makes it easier to manage your financial records, and ultimately stay organized. If you’ve started researching business bank accounts, you may have noticed that there are a wide range of options, from opening up an account where you personally bank, to opting for an online business banking solution.
If you’re choosing between a (likely cheaper) online bank and a traditional, brick and mortar one, then this article can help you weigh the pros and cons of both so you can make an informed decision.