You’ll likely need business formation documents and personal ID to open a business account, along with your EIN. Many, or all, of the products featured on this page are from our advertising partners ...

Whether you're running a fledgling Etsy shop or a full-blown operation with employees, your small business should have its own dedicated bank account. Fortunately, the process isn't too complex as ...

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A jointly owned business can also have a jointly owned bank account. Most banks support these accounts, but not all. Many, or all, of the products featured on this page are from our advertising ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Yarilet Perez is an experienced multimedia ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. An EIN (Employer Identification Number) is a unique ...