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
(http://www.business.barclays.co.uk/BRC1/jsp/brccontrol?site=bbb&task=channelFWvi2&value=5793&target=_self
) 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
http://www.business.barclays.co.uk/BRC1/jsp/brccontrol?site=bbb&task=channelFWvi2&value=5793&target=_self

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.