September 25, 2009
I want to open a Business Account? Advice?
. asked:
Hello im starting a business and currently building my website.I used to sell on eBay and used PayPal as a payment method.Now that im all grown up I will build my website and use a merchant to process payments.Anyways I currently deposit my PayPal balance to my Personal Account but since Im planning on making much more money I will need a Business Account (to make everything legit).I was looking on BOA.com and saw that I need SSN (no problem) and a Business License.Do you really need a Business License for a Website? Where do I go to get one? A local license or a state license or what? Any advice or recommendations will be highly appreciated! Thanx!
Hello im starting a business and currently building my website.I used to sell on eBay and used PayPal as a payment method.Now that im all grown up I will build my website and use a merchant to process payments.Anyways I currently deposit my PayPal balance to my Personal Account but since Im planning on making much more money I will need a Business Account (to make everything legit).I was looking on BOA.com and saw that I need SSN (no problem) and a Business License.Do you really need a Business License for a Website? Where do I go to get one? A local license or a state license or what? Any advice or recommendations will be highly appreciated! Thanx!
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~~They will want to see your local city business license from where your business is located (a home is fine). If your company is using a fictitious business name, you will also need to show proof that is recorded also. Your hall of records can direct you on what is required.~~