~Luke's Profile
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Bank Account per business/Website?
16 June 2011 - 12:04 PM
Hello,
I have a design company with a website etc and I have a business bank account for it.
I am now setting up a separate website to also advertise website design and hosting but for a different audience (music) and a different name in the web address (so I guess you could say its a separate business?).
I'm just asking for advice really...
Would you create a separate business account for the new site/business? Or would you use the same business account and somehow explain that the new company is a product of the existing? I don't know whether it is better financially to have just one business account rather than having 2.
Does anyone else here have a similar setup or know which method is best?
All advice/help appreciated.
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Ben
15 Mar 2010 - 10:30