Ostroff, Fair and Company
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I have a question about business banking?


im 17 and i have a lawn servise when i turn 18 im playing on opening a business bank account. i was wondering when i do this do i get my clints to rite the checks to me or to the name of my business

The name of the business would be preferable. It is not mandatory

Rule 1 in any business person's play book is cash is king. If someone gives you money, you say thank you not the check is made out to the wrong party.

Now would be a good time to get you tax identification number for your new business. The link below is information from the IRS for a TIN (taxpayer identification number).

Good luck to you. Source(s): http://www.irs.gov/businesses/small/inte...
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