20 Best Small Business Checking Account Features

Selecting a checking account can be one of the most important early decisions that your small business makes. A small business checking account gives you the ability to easily make purchases, transfers and deposits for your small business, while keeping all of your personal finances separate. This can make your bookkeeping easier while also giving you access to a number of other financial services. Here are some of the key features that your business should look for in order to make the best possible choice. The last thing that most small businesses need is another monthly expense. So before signing up for a new bank account, make sure you understand all of the potential fees involved and make sure there are either no or very low monthly fees involved so you don’t end up putting your business in a worse financial situation. Today’s businesses manage their money most efficiently right from their own devices. Most major banks and credit unions now offer some kind of online banking functionality. So make sure the platform is user friendly and includes all the features you use on a daily basis.