| Jun. 27 2006 at 1:52 PM |
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I got my first business check for my services. I had a checking account when I got married so I kept that account to use for business expenses. This account is not in my business name. The check is written to the business. Can I deposit this check in my account, and if so how do I endorse the check with my signature or with some other writing on the back?
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| Jun. 27 2006 at 2:10 PM |
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If your business is a separate entity (corporation, LLC, etc) then you need to open a checking account under that name and deposit the check in the new account. Do not "co-mingle" personal funds with the company's.
Robert Johnson
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| Jul. 19 2006 at 9:30 PM |
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If your business is a sole proprietorship, just take a copy of your business license down to your local bank and you should be able to deposit it. Although, I would consider opening a seperate account.Rich Coppage
Larkspur Capital Group
480-636-0314
rich@larkspurcapitalgroup.com
www.larkspurcapitalgroup.com
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