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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: Insanity on September 17, 2013, 10:58:21 AM

Title: Banking for Small Business?
Post by: Insanity on September 17, 2013, 10:58:21 AM

Anyone have any recommendations?  I'm starting my small business work over the next few weeks and need to get an account set up.  What is needed?  Are they banks that have a complete package that people would recommend (SEP, HSA, Checking, etc)?

Thanks!

Title: Re: Banking for Small Business?
Post by: Rust on September 17, 2013, 11:12:04 AM

I'm not going to make a direct recommendation of which bank to open a business account with but from a security standpoint there is much more risk assumed by a business when it comes to banking than you assume as a individual consumer.

Brian Kreb's a former Washington Post writer, now security blogger offers some very simple straight forward tips on Best Practices for Small business banking.

http://krebsonsecurity.com/online-banking-best-practices-for-businesses/