Friday, January 14, 2011

How can i set up a business bank account whilst 16?

How can i set up a business bank account whilst 16?
Hi, I am running a business with a friend and we need a bank account. We are both 16 and have tried at most high street banks but cant find a way to do it. There are businesses which are owned by 16 year olds which have business bank accounts. Can someone advise me on how to get one?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Get an parent to open it?
Answer 2 :
You can get your parents to open the account. You can incorporate and the corporation can open the account (which is expensive).

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