Making the decision to start your own company can be both exciting and a little intimidating. Profit margins are often slim while a business establishes itself in the market, so it's important that you manage your start-up company's finances properly.

Commercial banking isn't the same as personal banking. Be sure that you are taking action to maximize the financial benefits your small company enjoys by utilizing the right commercial banking services in the future. 

Find the right checking account.

Opening a checking account is one of the first things many small business owners do when it comes to setting up their company's finances.

The type of account that you choose could have a direct impact on your company's profitability in the first few years of operation. You want to find a checking account that does not charge a monthly fee. This will save you some money and allow you maximum flexibility when it comes to spending. 

If you will need to complete a lot of daily transactions during the course of regular business, be sure to read the fine print of any checking account agreement to ensure there is no fee charged for exceeding a certain number of transactions.

Establish a good relationship with your banker.

The relationship that you share with your banker as a commercial customer will be critical to the success of your new business. You might not need the assistance of a banker when managing your personal finances, but commercial banking products can be complex and might require in-depth explanation.

A trusted banker can advise you on the benefits of certain loans, help you select accounts that will be in the best interest of your company, and work to help you meet your financial goals.

Don't be afraid to negotiate fees.

There are some costs involved in providing quality banking services. Financial institutions offset these costs by charging their customers fees for certain services. These fees can be flexible if you are willing to negotiate.

A commercial account can be valuable for a bank. Businesses often open multiple accounts, utilize loan products, and open a line of credit that can help the bank generate revenue.

Take the time to research commercial banking fees in your area, and don't be afraid to negotiate if you feel like your financial institution's fees are higher than they should be. Reducing fees can save your start-up company money each month, allowing you to invest this money elsewhere.