28 | [Q&A Series] Q5: Should I Use An Online Only Bank Or A Traditional Bank For My Service-based Business?

Hello and welcome to start that business podcast!

I’m continuing my Q & A series to answer a couple of questions from my listeners.

The question I’m answering today is:

Q5: I am following your F.I.R.S.T step method on how to start a business. I’m getting ready to launch my business soon. Should I Use An Online Only Bank Or A Traditional Bank For My Service Business?

Disclaimer! I’m not an Accountant or an Accounting Professional. Please seek professional accounting advice and don’t take my answer to the question above or any other content discussed in this episode as professional accounting advice.

If you have a specific business question you want me to answer, please go to startthatbusinesspodcast.com and send me your question.

I pray this episode encourages you.

Enjoy!

 

Mentions

My F.I.R.S.T Step Method

5 steps you need to take to take to go from idea to start your business.

Step 1: “F” - Find Clarity => Episode 4

Step 2: “I” - Ideate with your “good example” => Episode 5

Step 3: “R” - Research and Review” => Episode 6

Step 4:  “S” - Set Reasonable Boundaries => Episode 7

Step 5: “T” - Take The Leap => Episode 8

 

Recommended Banks for Service Businesses

Online Only Bank => Relay Financial

Traditional Bank => Bank Of America

 

Next Steps

Step #1: Leave me a written review on Apple Podcast

I recorded this video to show you how to leave a review for my podcast.

 

Step #2: Join My Christian Business Support Group

I created a new Facebook group called “Start a service-based business Community for Christian Women”. This group is for Christian women who want to start a service-based business to find support, clarity, and accountability on their new business journey. If I just described you, please come and hang out with me on my free Facebook group.

Join Free Facebook Group: https://www.facebook.com/groups/startaservicebasedbusinesscommunity/

 

Step 3: Let’s work together

Email Me: gethelp@chichiukomadu.com

Learn More: www.chichiukomadu.com