From the course: Freelance Work Strategies for Video and Motion Graphics Creators
Join today to access over 22,500 courses taught by industry experts.
Best practices: Accounting, bookkeeping, and taxes
From the course: Freelance Work Strategies for Video and Motion Graphics Creators
Best practices: Accounting, bookkeeping, and taxes
- Okay. You've met with an attorney, you've set up your business structure. Now you have to open a bank account. Let's just talk about banks for businesses. Not all banks are created equal, so what you want to do is check on some things and see what serves your purposes. You want to talk about the ability to make remote deposits. Some banks will have an app for your phone where you can scan the check and deposit remotely, which is great, but often there's mobile banking limits, and sometimes they're different in different places, so you want to make sure you know what they are. Some banks will start you at one limit and then move you up to another limit depending on how much income you have. So, you want to ask those questions of the bank officer before you open the account. You also want to learn about the availability of deposits. Is it the next business day, do you have to wait two or three days. All of these things are important to you when we start talking about cash flow. You…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.