Aug. 1st, 2015

janewilliams20: (Default)
I'm working on it, but....
The new business, Porcine Aviation Crafts, needs its own bank account, Paypal account, and Ebay account.
So I go to the Barclays page, and get promised that since I'm an existing customer, setting up a new account will be trivially easy. Would I like a personal account, or a business  account?
Well, "business" is the obvious answer, but....
As a special favour for a new startup, all sorts of charges will be free for the first year. Wheee! So I read through what those charges are, thinking "I have to pay for this?" If I just open a normal current account, all those things are free, period, no question. So, other than the free financial advice (which I have coming out of my ears already), why would I want to choose an account type that has the word "business" attached to it, and apparently nothing else in its favour? I'm sure I'm missing something important here.

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janewilliams20

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