When Silicon Valley Bank, or SVB, collapsed in 2023, thousands of startups faced a harsh reality: Relying on a single bank account can put your entire business at risk. Founders scrambled to access ...
Having multiple business bank accounts is completely legal and often encouraged by some financial advisors and accountants. Businesses of any structure—whether sole proprietorships, LLCs, or ...
How many business bank accounts can you have? When Silicon Valley Bank, or SVB, collapsed in 2023, thousands of startups faced a harsh reality: Relying on a single bank account can put your entire ...