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Do I need a business account

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if I'm going to be selling Avon? (sorry if this is a stupid question) I don't plan on making thousands of pounds.
Debts Jan 2014 £20,108.34 :eek:

EF #70 £0/£1000

SW 1st 4lbs

Comments

  • Bearly
    Bearly Posts: 15 Forumite
    If you are a sole trader no you don't but you need to distinguish between your "business" expenses and your personal. You could set up another account and use it solely for Avon to make things easier/clearer when doing accounts.
  • Thank you,that's what I was planning on doing, although using ynab I could probably just use my normal account and just have a category for Avon.
    Debts Jan 2014 £20,108.34 :eek:

    EF #70 £0/£1000

    SW 1st 4lbs
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