How to Write a Business Check

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When writing a business check, make sure that the business name is in the upper left-hand corner and that both partners sign the check, if applicable. Discover how business checks factor into setting up business accounts with help from a registered financial consultant in this free video on money management and financial advice.

Part of the Video Series: Money Management
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Video Transcript

This is financial adviser, Patrick Munro, talking about how to write a business check. Writing a business check is a factor that people have to look at when they set up a business account. That's the first thing you do is to a, make sure that you are either a partnership, or a LLC or a CCORP. When you go to the bank, they will ask you for your EIN number, which is different than a social security number. It's the number that's given to every company. When a company is looked at in the eyes of the law, they're looked at as a person. They have a credit rating and all of that. When you finally get your checks from the bank and start to pay your bills as a company, make sure that the check has the appropriate business name in the upper left hand corner, and you must sign as the signing officer of the company for the check. If you have a partner, make sure that the partner signs off on the checks as well before they're distributed out to pay the bills for the company. This is Patrick Munro, financial adviser, talking about how to write business checks.


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