Shopping for Small Business Services
Should you be in the early stages of a business start-up then
there are elements to your personal business banking service
which you should be looking for - and if you haven't yet set up
an account now is the time to take a deep breath and go
shopping! It's a competitive market, and it's often
hard to be sure which services you should be looking for to
provide the best service for your small business. Certainly the
basics such as a business current account, savings account, and
loan facilities should be there, but nowadays the upcoming
business manager should be looking for more from their financial
provider. Often you are looking for support from your
financial services outside of traditional office hours and it's
for this reason that today's small business owners should look
for online access as a vital service for the building of their
company. Not only does this provide true 24 hour banking
support, but it enables complete transparency and allows you to
pull up your small business's financial details whenever you
need them. Having the information to hand is one
thing, of course, but it's also useful to have a dedicated team
at the end of a phone line to run through the figure with you.
Shopping around shows there are a few businesses who offer this
service, Barclays Small
Business being one of them. Typically you are looking for
most of the services also available online, such as account
checking and money transfer services, allied with the
opportunity to chat with a living, breathing, business manager
who is local to your branch. Interestingly, some
companies also offer specialised software designed to integrate
with their services and make your time management more
efficient. This is surely a good sign, and indicative of the
pro-active approach many banks now take to integrate online
services with more traditional hands-on approaches.
Of course yours might not be a start-up waiting to happen, but
instead a small business with a good track record and the
ambition to grow your business within your market. Maybe you are
unhappy with your current financial provider - perhaps the
service is good but limited, or you feel you could get a better
financial package more suited to your small business. In either
case you should be seriously thinking of switching your business
account to a provider who can cover all your needs as a unique,
small business. Additionally, and this might seem a minor point
but it is surprisingly important, you should be looking for a
banking service that will handle the transfer of your business
account details with the minimum of fuss. So there is
plenty to consider when shopping for your financial provider
but, assuming you are looking for a long term financial partner,
perhaps the most important element is scalability: after all,
you are looking for a financial provider that can grow with your
business. Aren't you? Disclaimer All
information contained in this article is for general information
purpose only and should not be construed as advice under the
financial Services act 1986. You are strongly advised to take
appropriate professional and legal advice before entering into
any binding contracts. Additional Information Small
Business Disclaimer All information
contained in this article is for general information purpose
only and should not be construed as advice under the financial
Services act 1986. You are strongly advised to take appropriate
professional and legal advice before entering into any binding
contracts.