When I first started my business 5 years ago I was nieve to the world of Business Banking. I knew I needed a business bank account, so I could get the cheque book I needed to pay suppliers, the card to pay for goods online and that I also needed credit card processing services, so I got them all in one from the nearest bank.

My haste perhaps could have saved me a fair bit of time back then, I could have gone with a cheaper bank or thought more deeply about getting Business Funding rather than struggling to survive in the first year. I have since learnt from this but I still am glad I went strait into it. One thing that could have saved me a few grand that year was that the bank I opted for gave me Free Business Banking, but only for 6 months. Whereas now if you shop around you may manage to find 12 months + of free business banking - something which is worth (as I said) upwards of a few hundred quid for most business’s.

Its also important to go with a stable and ethical bank, stability will help you grow your business without worrying about them closing down on you and ethical will ensure that you work with people who understand how business should be done.