5 MUST-HAVE Bank Accounts For Your LLC

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Lean more and book your demo with us now:

IrvOfficial
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How much do you take out as an owners drawl?

EmilyHildebrand
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This is how you use 5 different Bank's accounts, or all under one umbrella in one Bank is what you are referencing?

artkoster
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I appreciate people taking the time trying to help, it's just that you guys are missing the mark because you present the information like you're at a business conference instead of talking to a friend. It's completely different language. Especially when you are presenting information to people just learning concepts.

mogotsi_
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So walk me through this, can I walk into a bank open an account and then make 5 sub accounts? Each for the categories you mentioned?

MuditaWisdom
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What mic are you using to record videos?

thehigherupz
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Great video! Are these accounts (ie, experiment account, payroll account) actually called these by name or are they all business ‘checking accounts’ (or ‘savings accounts’) that you simply would move money around to your main revenue (checking) account?

In short, most people only know of checking and savings accounts. So are these them just under these names or are these actual account structures with their own name and purpose? Apologies if this sounds like a redundant question.

jackspalden
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Is a savings account necessary if I have a holding company?

whengrapespop
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The flickering on your YouTube plaque is kind of distracting. Might need a new light.

Zton-ynkc
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So would the revenue always hace a 0 balance after all the transfers to other accounts. Then its replenished when the next cycle of revenue comes in?

Shae
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💥💥💥 I was really looking forward to see what dumb expression you would use for your next thumbnail but you didn't do it! Wth!

JAEHAUGEN