An energy review can help a business understand its ongoing costs and renewal choices. A useful comparison looks at the whole contract, rather than a single unit price or a promised saving. How it works Suppliers offer different tariff structures and contract lengths. A broker may help compare options, but charges or commission can be…
Insurance helps manage the financial impact of specified events, but cover depends on the policy. The aim is to protect the business’s ability to keep operating and the people who depend on it. How it works Different policies address different risks, such as public liability, professional indemnity, property, cyber incidents and business interruption. Some insurance…
Overseas receipts and supplier payments expose a business to exchange rates as well as transfer charges. Compare the amount that will actually arrive and the timing, rather than a headline “fee-free” claim. How it works Banks and specialist payment providers use different exchange-rate margins, fees and processing routes. Some offer forward contracts to fix an…
A business credit report helps lenders and suppliers assess payment risk. There is no single universal score: agencies use different information and lenders apply their own assessment. How it works Reports can draw on filed accounts, company records, payment experience and public records such as judgments. A lender may also consider directors’ credit history, current…
A business bank account should make it easy to manage money, maintain records and stay in control. The best fit depends on how you receive payments, pay suppliers and work with your accounts. How it works Banks and payment providers offer different features, charges and protections. A limited company’s finances should be kept separate from…
Cash set aside for tax, resilience or future investment may earn interest in a business savings account. The starting point is when that money will be needed, not simply the highest advertised rate. How it works Easy-access, notice and fixed-term accounts offer different withdrawal arrangements. Rates can be fixed or variable and terms may include…
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