Seperate or Mixed? - Forum Bank Account

Cumulus

Paragon
Marketing Team
When operating your own forum, do you like to open a separate bank account to keep it's finances separate, or do you manage it and pay out from your own personal account?

I know over here in the UK you can setup a Ltd Company really easy which can give you a business account, or you can even open another account in your name (or as a unregistered sole trader business) to keep things separate
 

Lämmchen

The Lämminator
Administrator
Crafter Craze is the only forum that is owned by me and I just use money out of my personal account because it's not a huge site with expenses or income. I think it makes sense if the site were huge to have a separate account for business because it is easier when doing taxes here in the US.
 

Empire

President Of Fourm Promotion
Gamma Premium
My site is not big enough to earn money and in fact, I spent money on it more than earning. I have not come around to a person who has their own bank for their site, all in all, a Paypal account ;) I have a Paypal account for the site/business and so all that earnings go into there and back to paying the site again without using my bank. You can set up PayPal and add funds easy.

So personal account here.
 

Terminated

Hasta La Vista, Baby
I've never had a website that needed it's own bank account. None of my forums did that nor were they a success for me to profit in any way, shape, or form.
 
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