| Elijah | 05-02-2012 09:33 AM | Quote:
Originally Posted by hdavey10
(Post 336919)
Thing that confuses me is, if I was to be running eBay as a REAL BUSINESS do I HAVE to have a business account or can you run it through personal accounts but just create invoices for everything?
Dont think they are linked but they have a relationship with them for payments like next working day etc.
In the future will say about the job thing | You are not legally required to open a business account if you are only a sole trader, so the only possible obstacle may be the banks and their own policies. If they try to force business accounts on you, tell them that you don't want them since you applied and got rejected recently, and do not want to hurt your credit record again. That is what I did. Quote:
Originally Posted by hdavey10
(Post 336939)
There was another post I saw from Elijah who walked into Barclays and asked to open 5 basic accounts and he told the girl it was for eBay and wished him good luck. Im sure this isn't good practise. | That is what I did, but I see it as protecting myself anyway since I told them from the outset what I would be doing, so if they did not like it, they could have refused there and then; I do not have to worry about them contacting me one day and saying that they do not like what I use the accounts for. |