Business Account for a Sole Proprietorship?

5thy89VNB
Contributor
Contributor

I run (alone) a small personal service where all of my clients pay in cash.  The accounting is so simple that I just keep my taxes in my personal account and the few receipts for deductables off to the side.  I also just use my personal email address for interactions which are never much.  I'm considering accepting online payments through my website instead of just using my website for scheduling.  I currently have a PayPal personal account.

 

 

Do I need a second PayPal Business account or do I need to upgrade my personal one?  If so, would I then need separate bank accounts and a separate email account?  I want to keep things as simple as possible.  The business is very simple.  Very few deductions, taxes to the side.  No employees.

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5thy89VNB
Contributor
Contributor

Here's there response:

 

"We require a Paypal Business account in order to create the Merchant Agreement needed to accept automatic payments."

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