Business Bank Accounts
Discussion
A new partner and I are starting up a limited company to market and automotive product.
Is there any significant difference between the offerings of different banks? Neither of us have any strong feelings either way though he has approached HSBC.
The main requirement is a charge card to defer the cost of stock purchases for as long as possible, internet banking and of course low charges!
Is there any significant difference between the offerings of different banks? Neither of us have any strong feelings either way though he has approached HSBC.
The main requirement is a charge card to defer the cost of stock purchases for as long as possible, internet banking and of course low charges!
Hello Eric - a fellow Blatchatter here
Because it's a product with potential product liability issues so we want the added protection of the limited director liability. From the marketing point of view, we'll be marketing the product to large fleets and I feel the limited company status inspires more confidence and raises less questions than a partnership or something. Finally I understand there are better tax advantages. For example, I was talking to Bacon Butty from Blatchat who has a small business, he pays himself a small salary and larger quarteryl dividends.
"Reg"
Because it's a product with potential product liability issues so we want the added protection of the limited director liability. From the marketing point of view, we'll be marketing the product to large fleets and I feel the limited company status inspires more confidence and raises less questions than a partnership or something. Finally I understand there are better tax advantages. For example, I was talking to Bacon Butty from Blatchat who has a small business, he pays himself a small salary and larger quarteryl dividends.
"Reg"
Gassing Station | Business | Top of Page | What's New | My Stuff