Now is the perfect time to start a business in the health and fitness industry. More than ever before people are taking an interest in healthy lifestyle habits to recover from or prevent the risk of disease and improve their quality of life. Whether you’re a personal trainer, yoga instructor, physical therapist, or weight loss coach, outside of providing quality products and services, your ability to properly manage your finances will greatly determine your business’s success.
One of the first steps toward managing your finances properly is having a banking account. Bank accounts are ideal for keeping track of company finances, making transactions, and obtaining loans to further fund your establishment. As business banking is a bit different than personal, here are some tips to keep in mind. [Read more…]