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The Best Bank for your Profit First Accounts

August 8, 2018

Which banks are the best and most flexible in terms of creating multiple accounts without charging fees?

Profit First readers have had great success with credit unions, community banks, and some regional banks. Often, there are no fees and no minimum balance requirements at these smaller institutions.

As you open multiple checking or savings accounts, some bankers may look at you cross-eyed (because most businesses don't do ...yet.)  Don't let that phase you; the banker simply doesn’t understand the process. Just open the multiple accounts and make sure you won't incur fees as a result, even when the balance in certain accounts approaches or goes to zero at times. If the bank insists on charging fees and requiring minimum balances, consider a different bank.

Interested in Profit First but aren't sure you can do it alone? We've got you covered! Schedule a Free session with one of our Certified Profit First Professionals to discover your profit.

Want to learn more about how Profit First will maximize your profits? Click Here to get the first 2 Chapters of the book Profit First for FREE. Provide your name and email on the same page and get the first 5 chapters for FREE!

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Profit First Strategies helps business owners experience profit.

Profit First Strategies

Profit First is a system that helps you produce profits in your business the first month and always. Using this approach to running a small business you can make profit a habit and not a remote possibility. The Profit First approach starts by rewriting the usual bookkeeping formula so that profit is taken and put in the bank with every bookkeeping cycle. The system follows through by instilling discipline in your budgeting and cash flow management. Read our articles to learn the basics of Profit First and Profit First Strategies that you can use this approach to make you business more successful and your business life more efficient and easier.
Profit First helps you experience profit.

Ronald B. Allen
CEO, Profit First Professional, Fix This Next Founding Advisor
Principle of an accounting firm that’s committed to educating business owners on their financial health, providing a trans-formative strategy and helping them experience their profit!