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Customers that are new to Capital One Spark Business Checking who maintain an average daily balance of at least $25,000 for each month during the six months after the month the account is opened will receive one payment of $250. Customers that are new to Capital One Spark Business Checking who maintain an average daily balance of at least $100,000 for each month during the six months after the month the account is opened will receive one payment of $1,000. Payment will be credited to newly opened Spark Basic or Unlimited Checking accounts by April 30, 2019.

Start by opening up a business checking account, and then any savings accounts that will help you organize funds and plan for taxes For instance, set up a savings account and squirrel away a percentage of each payment as your self-employed tax withholding. Next you’ll want to consider a business credit card to start building business credit. Corporations and LLCs are required to use a separate credit card to avoid commingling personal and business assets.

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