Business Banking

As part of Project 42, I’m looking at getting back to having a limited company, and as a result of that I’m doing some research (again) on company formation agents, business banking, accountants, other management services etc., and generally getting myself a bit swamped. And as always, it’s all a bit of a minefield, a crap-shoot of hoping to find a company that’s merely slightly less grim than the others.

Business banking is a major culprit on this one – all the business banking people seem to be just as shit as each other. There really are no redeeming factors – and indeed, there’s even less on offer for new accounts than there was a few years back when I did this last.

I’m still somewhat gunshy about using an account to keep track of the business again – after my last one went bankrupt just before time to do the Tax Return, having taken all the fees etc. in advance, and leaving me properly In The Shit.

There seem to be more companies doing on-line management services for limiteds now, although they’re certainly not cheap. (And in a couple of cases don’t appear to want any new business, as they haven’t bothered answering even basic questions)

There’s no real hurry for these decisions to be made, thankfully. It’s all just research, figuring out the best deals etc. before I take the leap.

In the meantime – if anyone has any recommendations on business banking accounts, I’ll be interested to know it.