What Do I Need to Open a Business Bank Account?

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Many start-up business owners ask, “What do I need to open a business bank account?” A more important first question might be, “Do I need a business bank account in the first place?” Corporations and sole-proprietorships have different requirements for receiving payments, as well as for reporting them for sales tax, corporate and personal income taxes, etc.

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Do I Need a Business License to Sell Online?

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If your goal is to sell goods and services on the web, you may be asking “Do I need a business license to sell online?” The answer may surprise you. This is one area that is very confusing for people – especially since there are ‘garage sale type’ online businesses that allow for sales without […]

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What is a High-Risk Merchant Account?

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Have you found yourself asking “what is a high-risk merchant account exactly”? Many businesses find out that they are unable to get approved to accept credit cards after they have tried to get a standard merchant account at one or more traditional, brick-and-mortar banks.  Being denied for a merchant account for an online business can be particularly stressful. Perhaps you […]

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