Business account right from the start?

[John Dombrowski]

Is it recommended to open up a business account with your bank before you start investing or can you do it maybe after your first deal and make sure this is something you want to do going forward?

[Natalie Kolodij]

Originally posted by @Carol Zeroual:

I went to a guru's seminar in Boston, and we were encouraged to open business accounts. I did. Big mistake!!! It set me back probably over $1000 or more. In hindsight, I should have waited til I had my first check, THEN opened up an account. 

 Woahhhhh Why did opening a bank account cost you $1,000????