By ShaChena Gibbs
As an entrepreneur, one of the most critical steps you can take to manage your finances effectively is to open a personal bank account. While it may be tempting to use your personal account for business transactions, keeping your personal and business finances separate is essential. Not only does this help you maintain clear and accurate financial records, but it also plays a crucial role in protecting your business’s legal status.
By separating your finances, you avoid piercing the corporate veil, which could have serious legal and financial implications. Keeping these accounts separate is a fundamental practice that can help you maintain financial stability and protect your business in the long run.
Below you will learn about two well-known banks.
Sofi Online Bank
Looking for a banking solution that puts money back in your pocket? Look no further than SoFi Bank! With SoFi, you pay no account fees, giving you more control over your finances. With Sofi, when opening an account, members automatically get a Checking and Savings account. Plus, when you set up direct deposit, you can earn up to $300 in rewards.
But that’s not all—with SoFi, you can also get paid up to two days early, ensuring you have access to your money when you need it most. Members with direct deposit can take advantage of impressive interest rates, earning 4.60% APY on savings and vault balances, along with 0.50% APY on checking balances. And here’s the good part: SoFi offers additional FDIC insurance up to $2 million, providing peace of mind for your hard-earned money.
Don’t miss out on these incredible benefits; switch to SoFi Bank today and take control of your financial future!
Sign Up Today!
Chase Bank
Ready to elevate your banking experience to the next level? Chase Bank offers an array of benefits that cater to your financial needs. New Chase checking customers can kickstart their journey with a generous $300 bonus upon opening a Chase Total Checking® account and completing qualifying activities. But the perks don’t stop there – Chase provides access to a suite of banking solutions designed to streamline your financial management.
From intuitive mobile banking to competitive interest rates, Chase has everything you need to thrive financially. With an extensive network of branches and ATMs, managing your money has never been more convenient. Don’t hesitate—seize this opportunity today by opening a Chase Total Checking® account and unlocking the rewards!
Sign Up Today!
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Keep Rising,
ShaChena Gibbs,
Business Strategist
Real Sisters Rising Women Business Association
Meet ShaChena Gibbs, CEO and Founder of the Real Sisters Rising Women Business Association. ShaChena is an award-winning entrepreneur, educator, and association leader who has dedicated her efforts to helping businesses achieve their goals. She has over a decade of experience and is well-versed in the home-based business industry and the difficulties that businesses face on a daily basis. Her expertise spans market research, financial analysis, strategy formulation, and product development. She is a natural problem solver and leader with the ability to build strong relationships. ShaChena assists businesses in growing and is driven to make an impact in the world