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Question about business bank accounts

Discussion in 'Band Management [BG]' started by chaosMK, Oct 18, 2006.


  1. chaosMK

    chaosMK

    May 26, 2005
    Albuquerque, NM
    Too much hip thrust
    Ive started to get all the business stuff officially rolling for my band. We are going to be releasing a CD soon and just want to do stuff right.

    I did everything I needed to to open a band bank account (EIN, partnership agreement).

    I want to open up a publishing company for the band as well. Would we need a seperate business bank account for it?
     
  2. guy n. cognito

    guy n. cognito Secret Agent Member

    Dec 28, 2005
    Nashville, TN
    If the publishing company is a seperate legal entity, then accounting principals would dictate that the funds should be held seperately.
     
  3. chaosMK

    chaosMK

    May 26, 2005
    Albuquerque, NM
    Too much hip thrust
    Thanks.
     
  4. Primary

    Primary TB Assistant

    Here are some related products that TB members are talking about. Clicking on a product will take you to TB’s partner, Primary, where you can find links to TB discussions about these products.

     
    Jan 22, 2021

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