It can be necessary to select the proper name, complete the registration course of, and get the tax documents and essential permits. Once you have a legally formed business and have been issued an Employer Identification Number , open a checking account particularly for your business. Having a business bank account is crucial for keeping your private and business finances separate which may help you gain an correct picture of your business’s cash flow and financial health.

  • We are also one of a small number of schools worldwide to be triple accredited by AACSB, AMBA and EQUIS.
  • We’re right here to help you with tips, instruments, and guidance to help your small business thrive.
  • Business model — Outline what your corporation does, who your corporation serves, and the way your business is structured.

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