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?
If the publishing company is a seperate legal entity, then accounting principals would dictate that the funds should be held seperately.
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