Whether you’re running a fledgling Etsy shop or a full-blown operation with employees, your small business should have its own dedicated bank account. Fortunately, the process isn’t too complex as long as you stay organized and get the right documentation in order before beginning the process. CNBC Select walks you through how to open your business bank account in four simple steps. What we’ll cover Why should you open a business bank account? One of the biggest reasons to have a business bank account is to keep your personal and business expenses separate. If you keep money used for business expenses in your personal bank account, it can expose you to all sorts of tax and liability iss
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