What type of account is best for small business?

There are a few different types of bank accounts that are ideal for small business, but the one that's most appropriate for you depends on a few factors.

The first thing to consider is the type of business you have. If you're an individual business owner, then a personal account might be best

On the other hand, if you're part of a partnership or corporation, then a corporate account may be more appropriate.

Next, consider your financial needs. Do you just need basic banking services like checking and money transfers?

Or do you need more advanced features like lending and investment options?

Finally, think about your budget. Are you comfortable with paying annual fees?

Are there other costs associated with the account that you need to take into consideration (like overdrafts)?