Can I make a business bank account for my website?

I want to have a bank account separate from my personal one for my website, www.TheLoveQuilt.com. Can I make a business bank account for it, and keep track of all my revenue and expenses using that?

 

I dont think you can make your business bank account without registering your business.

 

You can check it yourself while registering PayPal. If it accepts or not.

 

You could set up as a DBA (doing business as) or a LLC (Limited Liability Corp) then apply for a business account with your bank. Depends where you live as to how easy setting up a business bank account is. Another alternative is set up a paypal with different personal account and keep transactions seperate that is easiest.

 

whether you are talking about regular bank account or paypal business account ?

if it is regular business account with your bank then Yes you can. You need to consult with your bank manager. if the bank is not permitting you to create multiple account then you can open accounts on several banks.

if it is paypal business account, you can have maximum of one personal account and one business account in your name.

 

I am talking about setting up a business account for my website at a bank. Do I need to do anything to get the account setup or what?

 

I think you can

 

you need to consult it with a CA