Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Klean07 on May 12, 2010, 08:35:06 am
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I was just wondering how many of you either use a business account or just your personal one. My reason for asking is the amount of silly charges my business bank charges etc.
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I use a business account as I run a business, I use my personal account for personal stuff
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i use two personal account one is for work use only the other is family use, i keep meaning to look into a business account but never seem to get around to it,
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I used to just use a personal account for work, but they soon stopped it when the amount of cheques increased.
I now have one for business and one for personal.
It means I dont have to ask people to make a cheque out to my name anymore ... its a must do when dealing with commercial clients.
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i think some banks are offering free business banking now. Im with the abbey i think they do it so might look into it.
Just using personal account for the moment
steve
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HSBC do 18 months free
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Alliance + leciester free if paying
in a grand a month if not £5 a month :D
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i use a personal account as only got 1 custy who will pay on line and only every had 3 checks in over a year
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Alliance + leciester free if paying
in a grand a month if not £5 a month :D
I didnt like the fact that you have to pay your cheques in the post office, and they just post them to AandL.
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I use personal only.
The staff frown when i take in loads of cheques but they're a nicd bunch at my branch .
I've only got choice of barclays, natwest or hsbc !
Smal town back of beyond here ! I nkow there's online and all, but i like personal touch!
Barclays for me -
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I used to use nationwide personal account fir 5 years until they realised i used it for bbusiness because of the number of cheques i pay in, im now with santander business account and the first 100 cheques a month are free, and there are no other frees either.
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I started off with just my personal one, then used HSBC free business banking for 18 months. Then switched to Bank of Scotland for another 12 months free. So from reading your comments I'm just going to what Smiffy does have two personal accounts.
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... its a must do when dealing with commercial clients.
No it's not.
And by the time a commercial company finds out that you just use a private account, it's too late, you've cleaned their windows and invoiced them. The 'poshest' account I've had was the Hilton Hotel Newport, and they never batted an eye-lid. Neither do any of my current commercial accounts; and not only that, the guy/gal who contracted you will usually be different from the person who writes out the cheque, so from the point of view of 'appearing professional', a business account is wasted there too.
I've never had a problem using a personal account.
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When working for large firms most will assume you are trading under your business name and send a cheque to your business name.
The only way around this it by putting .. please make chque payable to "J. Bloggs"
I dont think it gives the right impression if you are trying to win larger jobs.
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all banks by law have to report you to the inland revenue if your account develops more than 3k in deposits.
business banking is not that expensive and it does look more professional.
if your bank suspects you of using your personal for business they will send you a letter informing you of back dated charges. (small print) and you will be really stung.
hsbc have never let me down
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Alliance and Leicester.
Free.
Simple.
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When working for large firms most will assume you are trading under your business name and send a cheque to your business name.
The only way around this it by putting .. please make chque payable to "J. Bloggs"
That's not a problem at all.
I dont think it gives the right impression if you are trying to win larger jobs.
You win large jobs from your invoices?
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When working for large firms most will assume you are trading under your business name and send a cheque to your business name.
The only way around this it by putting .. please make chque payable to "J. Bloggs"
I dont think it gives the right impression if you are trying to win larger jobs.
Richy, your trying to do the right thing, so keep doing it m8, and at the same time tosh is an old hand it works for him, nither is right or wrong.
I think a business by law should use a business account as that is what they are for and personal account are for personal. but thats for another post.
Tosh lovin your avatar :)
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all banks by law have to report you to the inland revenue if your account develops more than 3k in deposits.
business banking is not that expensive and it does look more professional.
if your bank suspects you of using your personal for business they will send you a letter informing you of back dated charges. (small print) and you will be really stung.
hsbc have never let me down
Sister in law works for Barclays and said I would have to put a stupid amount of cheques in to even be questioned about it, 4 years this year with a personal account and still fine.
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all banks by law have to report you to the inland revenue if your account develops more than 3k in deposits.
business banking is not that expensive and it does look more professional.
if your bank suspects you of using your personal for business they will send you a letter informing you of back dated charges. (small print) and you will be really stung.
hsbc have never let me down
Sister in law works for Barclays and said I would have to put a stupid amount of cheques in to even be questioned about it, 4 years this year with a personal account and still fine.
in Lloyds they used to hide when they saw me lol, they now have a clever machine that does it all just add the bundle of cheques in and it feeds them into my business account ;D I normally go next door to backery and buy the gilrs some sins ;D
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Been using a nationwide personal account for the last four and a half years. Had the letter informing me they'd picked up irregular activity fromthe amount of cheques but just carried on as per norm and it's never come up again since
I've spoken to the staff regarding this and their business account is of no use to me anyhow. They only accept 10 cheques per day.
Buy the girls on the tills a box of chocolates and some cream cakes at Christmas and I get away with sometimes 50 cheques per visit.
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You win large jobs from your invoices?
Repeat business mate. If you give off the right kind of image they will want to keep using you.
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You win large jobs from your invoices?
Repeat business mate. If you give off the right kind of image they will want to keep using you.
I've not lost any accounts because the accounts clerk who produces and sends the cheque complained to the boss that the window cleaner used a tatty personal account!
Remember, in big businesses, the person who contracts you will not be the person who sends you the cheque. In fact in many instances, I send invoices off to head office, or a central paying office, in other parts of the country - and not to the establishment or the person who contracted me to clean their windows in the first place.
Its your appearance, your bearing, and of course the standard of your work that keeps the contract; not a bank account name.
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I used to use nationwide personal account fir 5 years until they realised i used it for bbusiness because of the number of cheques i pay in, im now with santander business account and the first 100 cheques a month are free, and there are no other frees either.
As you take more and more payments by bank transfer, you should find that you need the bank to show you the reference number you supply to the customer. Santander don't show this info - effectively leaving you to guess who has paid (surname and amount show so you should be able to track it).
However, bank transfers will increase and cheque numbers will reduce as we get nearer to the 2018 date when cheques are to be abolished.
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Hi,
I use a business account for recieved cheques to cover business direct debits & then transfer the remaining to my personal account.
Kevin windolene.
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Hi to you all
I do use business and personnel accounts as like most do..but i do get bank transfer from customers accounts and some prefer standing orders so they feel in control more only four domestic customers likes using cheques..paypal payments are used more and they get transfer to either business or to personnel account.
But in four years the cheque will be no longer as it was said last year that they where getting rid of cheques within five years.
May use paypal more and just transfer into personnel account.
Its up to the individual what they would like to use. ;D
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Yes I think paypal and bacs could be the way forward within a few years.