Running a legit business means you're going to need a bank account for that business, and how you go about doing that is up to you. Many banks charge fees to even have the account, have a minimum amount you must deposit to open the account, or penalties if you dip below a certain amount month-to-month.
Sometimes small, local banks can offer better options, but with a smaller bank you also have some potential drawbacks. For example, my bank didn't have an app for years, which I found very inconvenient, even though I'm overall very happy with my choice of bank for my personal account.
Of course, some banks are worse than others, so you definitely should do your own research before opening an account. After all, I am not a financial advisor or an accountant, etc., and I am not giving you financial advice here.
So, what if you could avoid those monthly banking fees, transaction fees, money transfer fees, and still have some of the perks of using a larger banking company?
Today I'm going to present a feature list for a new company called Azlo, which does just that.Read More