Managing your business finances well is important.
One way to do this is by opening a separate checking account to use strictly for your business.
You don’t have to open a “business account” – those typically charge much higher fees. Instead, open a new “personal account” that you can use to deposit any checks and cash that you are paid at your parties, and to pay for all of your business expenses.
Be sure to get an account that offers a debit card. That way, you can use it to process orders through your website.
By always using this account for any business purchases – things such as sample kits, catalogs and supplies, office supplies, copies, and postage – you’ll also have great records when it comes to tax time.