20/07/2026
Do you really need a separate business bank account?
If you're starting a business, one of the simplest things you can do is keep your business and personal finances separate.
Not only does it make bookkeeping easier, but it can also save you time, reduce confusion and make tax time much less stressful.
Mary also shares a great tip in this reel—consider having a second business account to set aside money for things like PAYG, BAS and other business obligations.
A little organisation now can make a big difference later.
Do you already have a separate business bank account?