Despite what some people might think, checks are still part of our lives. What has probably changed tremendously is the way we deposit these checks into our bank accounts. Today, you can snap a photo of your check and use mobile depositing apps to add money to your bank account in less than five minutes.
The second new moon after the winter solstice always marks the start of the Lunar New Year. Taking place between Jan 21-Feb 21, this Chinese tradition revolves around the celebration of prosperity, abundance, and fortune — in both senses of the word.
You will soon be putting up red lanterns, cut-outs, and paintings adorned with the image of the rat to ward off evil and to encourage longevity, health, and peace.
Recently, we explored why holiday checks make great gifts. Not only are they inherently more secure than gifting cash, they’re simply more festive — and the festivities don’t have to end at Christmas designs.
As you begin to consider holiday gift-giving, presenting friends and family with a check may not top your list of festive ideas. However, with some of our new holiday checks, it might actually be one of the best presents you can give this season.
Are you thinking about starting your own business? It’s not a bad idea; small businesses are the backbone of the United States, so entrepreneurialism is more than encouraged. In fact, even in many of our country’s urban sprawls you’ll see unique mom and pop shops, specialty stores, independent coffee shops, start-up tech companies, and beyond. No matter the size of the company, be it a one man operation or a restaurant with over 40 employees, each and every business needs to be equipped with business checks as well as a business checking account. This is no matter of method or opinion, either; businesses are in a better legal positioning if they have their very own business bank account.
One of the silliest mistakes that a business owner can make is to operate a business out of a personal bank account. Outside of plain ignorance, there is little excuse as to why you wouldn’t have a dedicated business account, especially since most banks offer free business checking accounts. While starting a small business bank account can sound like a headache, it’s actually pretty easy. That is, of course, if you have all the proper documentation necessary.
Why Should You Keep Your Personal and Business Accounts Separate?
The answer is simple. It doesn’t matter whether you’re running a limited liability company, a corporation or a partnership—nor does the size of your company matter—if you’re legally conducting business and have separate accounts, then the courts will look at your business as a separate entity from yourself as an individual.
Let’s use a hypothetical scenario in order to illustrate the point: if you were to have a lawsuit brought against your business, then only your business could be sued; not you as an individual. However, if your personal bank account and business bank account are one in the same, then the courts will see you and your business as the same entity. A scenario such as this has the potential to get extremely messy and deal immense damage to your personal finances, so do yourself a favor and set up a separate business bank account right away.
By maintaining a business banking account separate from your personal finances, you will be able to handle your taxes in the most beneficial way possible. The IRS will require that you file your personal and business taxes independent of one another. Having to go through a single account and separate the business expenses from the personal can be an arduous undertaking that can easily be avoided by keeping these two accounts separate to begin with.
Many believe that doing the small things early on, such as starting a dedicated business account, will help business owners to develop good business habits which will only help them later down the line, especially when it comes to finances. Another major benefit a business account offers is the ability to accept credit card payments. This is obviously a big reason to go ahead and set up an account since you run the risk of putting your business at an immeasurable disadvantage if you can’t accept debit and credit card payments
With a business account, you are also able to order business checks online from the convenience of your office or home. Also, business checks will help to give you the appearance of a professional, legitimate business. In the business world, there are few things more questionable than receiving a personal check from a business. When a customer, employee, or vendor sees a check with your company’s name on it, they gain a strong sense of professionalism, trustworthiness, and stability. If they see your personal name on the check instead, they may develop a few personal ideas about your company’s image, and when it comes to small business, reputation is everything. Avoid this pitfall by ordering both physical and online business checks.
How Do You Actually Open Your Own Business Checking Account?
The next step beyond understanding all of this is to actually put it into action. It’s extremely important that you actually do what is required by the local, state, and federal governments in order to set up a business account.
To get started, you will want to know your business structure inside and out. Are you running a limited liability corporation, a partnership, or a sole proprietorship? Knowing your structure will help you to set up your accounting situation, which will ultimately help you to know whether you need a business bank account or a credit card and merchant account services. While there are numerous options to choose from when deciding what type of business bank account you will need, it’s good to know that many banks also offer free business banking accounts as well. Although they may lack the special services and perks of one of their signature accounts, starting with a free account can be your first step toward something much greater.
When you open a bank account for the very first time, you have to choose which kind of personal checks you want. Now, your bank is likely to offer their own checks, which could include various patterns and designs. However, the price for a box of checks ordered from your bank is likely to be a bit on the expensive side. Here at checkworks.com, we offer a wide range of check styles at a price that is more than affordable for all budgets.
Choose Checks that Match Your Personality
When choosing your check style, you can either keep it simple, or you can make it a reflection of your own personality. For instance, animal lovers often choose checks that feature cute kittens or cuddly puppies – images that reflect their love of four-legged creatures. We offer plenty of images and designs to make it easy for you to find something you love. If you would rather keep your checks simple and straightforward, we have that style, too. These types of checks are useful if you want to maintain a professional appearance, even when making a purchase.
Affordable Pricing and Fast Shipping
Our check prices are some of the most affordable you will find, especially when compared to the check prices from your bank. You will also find our ordering process to be easy, and our shipping speed to be timely. We understand that your time is important, so we don’t waste it with our ordering process. We also understand that you need your new checks as soon as possible, which is why we offer quick shipping times.
Whether you are opening your first checking account, or your third, there is simply no reason why you should feel obligated to purchase checks from your bank. Instead, visit checkworks.com, and have a look at our selection of both personal and business checks. You can also look at some of our checking account accessories that are meant to make your life a little bit easier. For example, our check registers are designed to help you keep track of your purchases with ease. Contact us today, and let us help you find the perfect checks to reflect your personality and professionalism, while still getting the job done.
