The Most Active and Friendliest
Affiliate Marketing Community Online!

“Adavice”/  “1Win

Business Account or Personal?

Let me first go out on a limb and make a wild assumption that as a successful affiliate, you will having commission income streams coming in from multiple sources. I would think you would want to setup a business account in terms of banking, paypal, etc and be that your source of deposits?

Does that mean creating a business name and register it in your state to get a EIN and then move onto getting a bank account / credit card using the business name?

Or....I suppose you can just have funds sent to your personal name? A matter of perference I suppose.
 
Depends on what country you are in and the common banking and business practices are there.
There are also many tax accounting rules to deal with.
My recommendation is to speak with an enrolled public accountant first.
Then you may need the services of a Lawyer and Certified Public Accountant.
 
MI
Back