Final answer:
Having a separate bank account for your yoga teaching business is a good idea as it helps to track income and expenses, establish a professional image, and monitor the financial health of the business.
Step-by-step explanation:
Having a separate bank account for your yoga teaching business is a good idea.
By having a separate bank account, you can keep your personal and business finances separate, making it easier to track your income and expenses for tax purposes. It also helps to establish a professional image and credibility as a business owner.
Additionally, having a separate bank account allows you to easily monitor the financial health of your yoga teaching business and make informed decisions about its growth and profitability.