Name: What you need to know when setting up a business bank account
Uploaded: 2021-03-03
Description: Hear from a TSB Business Banking Centre to understand what you need to know when setting up your business banking account.

Hear from a TSB Business Banking Centre to understand what you need to know when setting up your business banking account.

What you need to know when setting up a business bank account

https://www.enterprisenation.com/learn-something/what-you-need-to-know-when-setting-up-a-business-bank-account

Video

 features an exciting free online learning programme.

Through more than 200 bitesize e-learning videos, you get support for starting, growing and turbo-charging your business and choose topics depending on your business needs. This video is a taster of the content you can access.

TSB has partnered with the Amazon Small Business Accelerator to bring you a series of e-learning videos to help you manage your small business finances.

Hear from a TSB Business Banking Centre to understand what you need to know when setting up your business banking account. You'll learn five key pieces of guidance for opening your business banking account.

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TSB has partnered with the Amazon Small Business Accelerator to help you manage your small business finances.   

Enterprise Nation has helped thousands of people start and grow their businesses. Led by founder, Emma Jones CBE, Enterprise Nation connects you to the resources and expertise to help you succeed.

Show Me The Money

Get help with your financial plans, receive pitching advice and be inspired by entrepreneurs!

We&apos;re here to help you.
Accessible, jargon-free explanations to help you understand your finances, optimise your tax claims and grow your business successfully.
Benefit from:
<ol>
<li>Practical, relevant, commercial corporation tax, income tax, director remuneration tax and VAT advice.</li>
<li>Making your year end accounts tell the correct story to the public and HMRC.</li>
<li>Understanding your figures. What do they tell you? What&apos;s happening to your margins and underlying cash. We&apos;ll take you through it.</li>
<li>Specialist area advice such as R&amp;D and S/EIS advice and claims.</li>
<li>Signposting you to other trusted relevant services, such as bookkeepers.</li>
</ol>

CEO and Founder

Small business taxation

This group is for small businesses from any sector to discuss taxation.



I founded <a href=&apos;https://bluedotconsulting.co.uk/&apos; target=&apos;_self&apos;>Blue Dot Consulting Limited</a>, Chartered Accountants, in 2001.
We&apos;re based at Putney Bridge, in London, and we work primarily with owner-managed business from those starting up through to multi-million turnover companies.
As businesses grow, their financial management evolves and we have an overview what businesses of different sizes might need to be dealing with:
<ul>
<li><a href=&apos;https://bluedotconsulting.co.uk/what-size-is-your-business/&apos; target=&apos;_self&apos;>Starting up to £100k sales</a></li>
<li><a href=&apos;https://bluedotconsulting.co.uk/what-size-is-your-business-2/&apos; target=&apos;_self&apos;>£100k - £500k</a></li>
<li><a href=&apos;https://bluedotconsulting.co.uk/what-size-is-your-business-3/&apos; target=&apos;_self&apos;>£500k to +£1m</a></li>
<li><a href=&apos;https://bluedotconsulting.co.uk/what-size-is-your-business-4/&apos; target=&apos;_self&apos;>+£2m</a></li>
</ul>

If you&apos;re running a business then concentrate on good, solid bookkeeping, profitability and cashflow.
Within the context of Enterprise Nation, I am keen to help business owners with all of the above and any financial management, bookkeeping, accounting issues that come to mind.
Reach out and let&apos;s see if I can help.
Finally, you might find something useful in <a href=&apos;https://bluedotconsulting.co.uk/blog/&apos; target=&apos;_self&apos;>the least &quot;accountanty&quot; blog</a> you&apos;ve ever seen from an accountant.

Michael

Founder and MD

Cashflow management

A business with a healthy and well-managed cashflow can:

* Reward its owners, managers and staff
* Invest in new products, markets, training and development
* Concentrate on growth

And it’s just a nicer place to work because one massive stress is taken out of the equation.

We help business build simple and effective cashflow models and show them the levers to pull to improve cashflow.

Please get in touch if you think we can help you.

I am a qualified Chartered Accountant with over a decade of experience working in general accountancy practice. After a successful career with two small practices, I have decided to start up my own practice to be able to provide a value added service I feel is often missed in a traditional accountancy practice.
From the start of my training I have always enjoyed making the books balance and following on from training I have enjoyed interpreting those books for my clients. I enjoy working with small and medium sized businesses as it allows me to be involved with the whole finance function in a business and able to assist the owners in their financial decision making. I am fluent in the preparation and submission of accounts and tax returns and I have also helped several companies to set up and maintain their bookkeeping systems. In addition to these tasks expected of a general accountancy practice I enjoy going above and beyond and acting as a finance business partner for your business including the preparation and interpretation of management accounts and cashflow statements.
Outside of work I am a mum to one child and one dog, I love the outdoors and my hobbies include reading and sewing.

Chartered Accountant

Heidi Woodage

I am a qualified Chartered Accountant with over a decade of experience working in general accountancy practice. After a successful career with two small practices, I have decided to start up my own practice to be able to provide a value added service I feel is often missed in a traditional accountancy practice.
From the start of my training I have always enjoyed making the books balance and following on from training I have enjoyed interpreting those books for my clients. I enjoy worki

What you need to know when setting up a business bank account

What you need to know when setting up a business bank account

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