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  2. Looking to open a business bank account? 7 things you may ...

    www.aol.com/finance/looking-open-business-bank...

    Key takeaways. To open a business bank account, you will need your personal ID as well as business documentation, such as information about your business formation and additional owners or partners.

  3. How To Open a Business Bank Account - AOL

    www.aol.com/finance/open-business-bank-account...

    Some banks allow you to open a business account online or by phone, whereas others require you to visit a physical branch. Either way, opening an account should be straightforward if you have all ...

  4. How to open a credit file for a new business - AOL

    www.aol.com/finance/open-credit-file-business...

    When it comes to opening a business credit file, here’s what she and other emerging business owners should do to get started: Open a designated deposit account

  5. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    An LLC is a type of unincorporated association, distinct from a corporation. The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and ...

  6. Incorporation (business) - Wikipedia

    en.wikipedia.org/wiki/Incorporation_(business)

    There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal

  7. Bank account - Wikipedia

    en.wikipedia.org/wiki/Bank_account

    The minimum age for opening a bank account is most commonly 18 years. However, in some countries, the minimum age to open a bank account can be 16 years, and accounts may be opened in the name of minors but operated by their parent or guardian. In general, it is unlawful to open an account in a false name.

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