Your business account comes with an ATM, Debit card. Pick a really secret pin number. Don't give it to anyone even in an emergency. Make sure you record withdrawals. If you have a bookkeeper paying your bills for you, be careful because they won't know that you took out money. They will be upset and so will you and your vendors if they mistakenly write a bad check to pay a bill because you forgot to tell them of your numerous unrecorded withdrawals from the ATM machine.
Originally ATM cards had a maximum of $300.00 per 24-hour period, suppose this was incase you developed a drug habit and take out the maximum $300.00 per night in cash or incase it was stolen to minimize risk on your account. Most business accounts do allow up to $1000.00 per 24-hour period now, but most likely you will have to ask for it. If you business might need this it is a good idea to have.
It is not wise to co-mingle funds such as taking $60.00 out of your business account via your local ATM to take your girl friends out to dinner. If you need $60.00 in cash then take it out of your weekly paycheck to yourself or even out of your daily cash before you put it into your bank account. Be sure however to report it as income because that's the honest thing to do. If not you have created a nightmare for your accountant and put up red flags during your tax form preparation.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
Blogs As Marketing Tools For Small And Medium Sized Businesses
Times are changing. In the highly competitive marketplace, small and medium sized business entities (SMBs) veer away from the traditional to more creative and interactive approaches to doing business. Opportunities now spring from new markets, new consumer segments and new marketing tools exemplified by websites specifically business blogs.
Small Business Research Board (SBRB) Study: U.S. Small Business Confidence Index Rises 5 Points; Improved Economic Forecast Drives Expectations for Gr
Regionally, businesses in Northeast, South, Midwest have increased confidence, anticipate higher staff levels, more hiring during next 12 months. Confidence level of businesses in Western U.S. ebbs and now more in line with rest of nation says SBRB report prepared in conjunction with International Profit Associates.
GBR Global Services Launches New Division to Provide Out-sourced Investor Relations Services to Small Businesses
Corporate Relations Pro.com, a division of GBR Global Services, has been established to provide out-sourced investor relations services for small to mid-size companies.
5 Steps To Success for Small Business Owners
Everyone wants to succeed in life. Most people want to succeed in business.
At Last, Small Bras Designed by Petites for Petites
Lula Lu launches their very own Bra Collection
The "Best Small Bedroom" Contest Launches at Furniture-for-Small-Spaces.com
Furniture for Small spaces launches a contest, offering prize money and praise to the winner who has turned his or her small bedroom from drab to fab.
The Online Specialists Provide Flexible Executives - Extra Help When Small Businesses Need Them
New company gives opportunity to professionals who are either returning to the workforce or who need temporary employment the chance to provide services such as cost effective web, sales & marketing, copywriting and training resources for small businesses. Businesses get access to a skilled labour force on demand.
How to Find Large Size Womens Shoes
What's the problem these days? It seems like large size womens shoes are harder to find than gold. Let's face it, if you're looking for a shoe size larger than an eight or nine, you're going to have to do some hunting. And if you're able to locate a large size womens shoes, they're probably probably won't be very stylish or fashionable either. There's no excuse for this, other than the store decides not to want to carry larger sizes.
Small Business Tax Credit - Americans with Disabilities Act
Many small businesses complain when confronted with the expense of complying with the Americans with Disabilities Act. Most do not realize that there are a number of tax incentives available to offset the costs.
The Emmys Bring A Big Night for Celebrities and Hawaiian Skin Care Company
H. Maloha, a Hawaiian skin care company, is hand-selected for celebrity bags at The 2008 60th Primetime Emmy Awards.