eBay business, use personal bank acct, etc - problem?
Hi, I`ve been selling on EBay for just over a year now, 2006 was a loss, 2007 will show a small profit I think. I have just been using my personal bank accounts and credit cards for all my expenses and monies in. Is this a potential problem? I do have receipts for everything. I am thinking of getting another credit card, just for business use, thinking it will simplify things for me. Do you think I should have a business acct at a bank, too? I want to keep costs down, of course, so don`t want to pay a monthly banking fee. Any words of wisdom? I am in Canada if tht makes any difference to your answers.
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