1.The ability to open a bank account in the name of the business;
2.The ability to apply for loans, there will be a record of your deposits and withdrawals from your business bank account;
3.Ease of doing business with suppliers;
4.Creates the appearance of a legitimate business with customers;
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About the Author: Antoinette Sydney LLB LEC CAMLFC CFRMP is an author and entrepreneur based in Trinidad and Tobago.
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