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Why two bank accounts are better than one

Cashflow

Your main bank account will certainly look to be short of money. But that's partly the point! The second very powerful benefit coming from the exercise is that your main bank account should have a lower balance and this should act as a trigger to do something about it.

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Credit control

Credit Control

A sale is a gift until it’s paid for. If you give credit terms to your customers then make sure they pay you on time. You’re not a bank so don’t let your customers borrow

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