The Importance of a Small Business Checking Account

When you own a small business, one of the most important aspects of running that business is keeping good financial records. You have to have a clear and concise record of where your money is going to ensure that your business doesn’t fail. One aspect of keeping good records is by writing checks. When you pay your vendors and other expenses with business checks, you create written records of where you spend money.

You can easily see which expenses were paid and how much was paid. You don’t have to worry about whether you forgot to write a receipt, because you have the duplicate check as a record. Here at CheckWorks, we offer a wide selection of business checks that are ideal for record keeping. With duplicate checks, you can write checks for anything and know that you have an instant record being created at the time you are writing the check — this is truly a convenience that you cannot afford to be without.

Balancing your checkbook for your business every month is another important part of keeping good financial records. When you get your bank statement, you have to make sure your records match those of the bank. You have to account for any discrepancies. Careful record keeping will make things much easier for your accountant at tax time, too — no one wants to file their taxes without specific records documenting all purchases and expenses.

If you are already a small business owner, or you are planning on starting a new business, make sure one of your first steps is opening a business checking account. While it may be tempting to use your personal account for your business – as juggling more than one account can be confusing — make sure your business has a separate account. This way, all business-related activity is tied to one account, and you don’t have to sort through personal expenses and business expenses.

Visit us today at and have a look at our selection of business checks.

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