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Most people know about the benefits of shopping around for the best buy savings accounts, especially in these times of rising inflation and low interest rates.
However, not everyone knows that a business can also open a savings account, to hold any spare capital that their business might have.
There are a number of reasons why businesses might hold capital, which is not needed on a day to day basis. For ...
Most people know about the benefits of shopping around for the best buy savings accounts, especially in these times of rising inflation and low interest rates.
However, not everyone knows that a business can also open a savings account, to hold any spare capital that their business might have.
There are a number of reasons why businesses might hold capital, which is not needed on a day to day basis. For ...
December 17th, 2012
For most small business owners the health of their personal finances is closely linked to those of their business.
When business is good your personal finances will look good, conversely when trading is tough your personal finances might take a hit.
Based on discussions we have with our clients who run small businesses we’ve put together six tips for business owners to help keep both your personal and business finances healthy.
1. Get your income strategy right
Are you a business owner looking ...
June 27th, 2012
Inflation has fallen to its lowest level since 2010, but that shouldn’t be a reason to get complacent about your saving, because interest rates seem to be falling too.
Current levels of inflation
The rate of inflation fell last month, with CPI (Consumer Prices Index) falling to 2.8% and RPI (Retail Prices Index) dropping to 3.1%.
Whilst this undoubtedly represents good news it shouldn’t mean we get complacent about our savings, they still need to ...
June 26th, 2012
