Small businesses are anything but small when it comes to their collective impact on the U.S economy. More than 33 million small businesses operate in the United States and together account for 99.9% of all American businesses, according to the U.S. Chamber of Commerce. Small businesses are credited with creating nearly two-thirds of the country’s new jobs over the past eight years or so. The U.S. Small The U.S. Small Business Association notes that “as soon as you start accepting or spending money as your business, you should open a business bank account.” The most common business bank accounts are similar to what you’ll find with personal bank accounts. The main difference is that most business bank accounts offer perks that don’t come with a standard personal bank account. The process of opening a business bank account is pretty straightforward. In most cases you can open one online, though if you prefer to do it in person you can visit a branch.