I'll approach PNC bank for my business checking account first.
They appear to offer a small business checking account free of charge with no minimum balance as long as you're not making more than 5 grand per month.
I'm abandoning ING because it does not appear they offer business checking.
https://www.pnc.com/webapp/unsec/Solutions.do?siteArea=/PNC/Home/Small+Business/Checking/Free+Business+Checking
Meanwhile, I can fill out my Trade Name Application found at:
http://www.dat.state.md.us/sdatweb/sdatforms.html
It asks for a personal property account number, aka an "L number".
This was what I got by filling out the AT3-73 earlier, the "Application for Unincorporated ID Number" found at:
http://www.dat.state.md.us/sdatweb/personal.html#forms
A friend suggested I relay the time and expense of this process so I'll tell you now that submitting the Trade Name Application is the first expense I'll be incurring: $25.00
Not much time has been involved in filling out this paperwork and the rapid response at the state dept. has allowed the ID number to be secured in less than two days. It was slower because of me, not them.
The Property Return and Trade Name application will be snail mailed.
I will pass on any news of the disposition of these forms as they arrive.
Tuesday, March 4, 2008
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