Skip to content
Own Business

This is the business. Just you and your ideas.

    Three Mistakes To Avoid With Business Bank Accounts

    Reading 4 min Comments 0
    MacBook Pro near white open book

    We all know that the account name and number that is written on the reverse side of a check, is not the actual name or number. This is why when customers pay with checks they often write in a name, but, then, when they receive checks, their account is not in the name of their company. To avoid this situation, with business bank accounts you can make the name and number the same, but your business name and number are on the side of the check. When you have a company debit card that has owners’ name and number on the back of the check you will have this information on the front side. This way you don’t have to write in the name, but, rather, you can simply write in the company name and number.

    When you are presenting an application to a company for a card that they will be accepting to pay for goods and services, it will most likely look something like this:

    You will need to supply the company that you are applying to have credit information on file in order to apply for this card. There are certain circumstances in the event that your account name and number is different than your company ones. For example if you are a sole proprietor you will need to present your individual business information. This is done by obtaining a number on your business card. You will also need to provide the name of your business and it’s initial address. A fax number or extension number can also be provided for new clients.

    Below you will find the three mistakes that you must avoid when you set up or create business bank accounts in order to avoid being confused with another company.

    1. You do not have a private number at all. Having the company name on your check back line, but it is personalized. You will only need a number on your business card. When you submit your application to a company your personal number or company number will be sent to them. However, to waterproof an attempt by a lunatic lie on the application form, you can get a company number on your phone number, a fax number and the address your company provides you will all go on your business card.

    2. You are using a business credit card. When you request a business credit card that is based on your business entity that will give you a number on the back of the card that you can submit to companies for permission to use their services. These business credit cards that seem to be little more than a way to get from point A to point B, will often charge extra fees when you use them and charge you for their services. Not to mention if you opt for a credit card with monthly fees you will find that for each month that your credit card is used, this can add as much as a percentage of your monthly credit card dictates to doubling your interest rate over and above the basic interest rate.

    3. You are not providing your personal name, phone number and contact information. If you do not have a business number on your back of your credit card, do not be surprised if the companies you are applying for, and indeed all the companies you have ever heard of, will not call you back at all.

    All of these mistakes can be avoided by doing what consumers, and business in North Carolina business owners, do not want YOU to do. Drive-up to that banker and tell them you are interested in a credit card promotion.

    Next, in order to receive a credit card with the best interest rates you can get a number on your business card. Now you have all your business details on your business card and you can start taking advantage of your rewards.

    woman placing sticky notes on wall
    bank bank account business and industrial finance financial news
    You may also like
    photo 1524225866460 7716545136c8
    What’s The Pull That Starts A Termite Outbreak In Your Brain? Cost Cutters In Your Company Or At Your Candidate’s?
    We’ve all seen a termite infestation despite the best efforts of
    photo 1483470134942 13bbf4677d84
    The Benefits Of Using Deep
    Due to problems and issues with able to control crawlers, farmers had to
    photo 1565514020179 026b92b84bb6
    Iosity Is How We Find Our Money (Fantastic Business Mindset)
    Are you are doing enough of anything to get a huge income?
    photo 1555737202 2e86ace3b68f
    How To Get Out Of A Restaurant
    When you own a restaurant, it’s easy to not want to seem like an
    photo 1612314578108 cdd41a612f2a
    E-Business And Spending Consultant Seeks To Make Whys More Convenient For Small Business Owners
    You already understand the agricultural/eddying process, but;
    photo 1500496733680 167c3db69389
    What Is Print Marketing?
    Every business needs to market itself in order to survive.
    photo 1542107617 e760dc92dcdd
    7 Reasons Why You Need A Job Interview
    When we consider the times that have open to us in our quest to be employed
    photo 1527219525722 f9767a7f2884
    Business Plan Layout Using A 2-Step Approach
    Planning the layout of your business plan makes a difference than what
    apple gear looking pretty
    Read This Before You Buy Residual Income Business Opportunities
    Who are Residual Income business opportunity seekers? What’
    photo 1614890107637 fe96d74acf4b
    How Do I Get It
    If your business plan is one of five to seven pages long, your chances
    photo 1556155092 490a1ba16284
    The Offshore Room
    EXTREMELY Important!TheaintVolume #1! It’s only possible ONCE YOU KNOW HOW.
    photo 1473186505569 9c61870c11f9
    Business Ideas – Try Your Niche To The Rescue!
    Is your business boring you or is it giving you a constant boost of inspiration to grow?

    advertising advertising and marketing art and entertainment automotive and vehicles brand management business and industrial business operations business plans business process business software buying and selling homes careers children company compensation and benefits computer computer components earnings education email energy family and parenting finance financial news funds hardware health and fitness homework and study tips human resources internet technology investing law, govt and politics management marketing metals people search real estate shows and events social network society software studying business teaching and classroom resources technology and computing web search

    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • What’s The Pull That Starts A Termite Outbreak In Your Brain? Cost Cutters In Your Company Or At Your Candidate’s?
    • The Benefits Of Using Deep
    • Iosity Is How We Find Our Money (Fantastic Business Mindset)
    • How To Get Out Of A Restaurant
    • E-Business And Spending Consultant Seeks To Make Whys More Convenient For Small Business Owners
    • What Is Print Marketing?
    • 7 Reasons Why You Need A Job Interview
    • Business Plan Layout Using A 2-Step Approach
    © 2025 Own Business - ownbiz.org
    This website uses cookies to improve user experience. By continuing to use the site, you consent to the use of cookies.

    Contact Us - Terms and Conditions - Privacy Policy