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Registering to accept credit cards
The first step before you talk about using credit cards on the internet is to find out whether you and your business will be acceptable to transact business by credit card. There are two types of transactions: ‘over the counter trading’ when the customer is present and ‘card not present’ transactions.
Business bank account checklist
Charges and services vary a great deal from bank to bank so it pays to do your homework and find out what suits you and your business.
How to assess your bank
In a recent SmallBusiness.co.uk poll, 65 per cent of small business owners were shown to be dissatisfied with the service they were getting from their business bank, with answers ranging from ‘It’s pretty inadequate’ to ‘It’s terrible’. SmallBusiness.co.uk and banking consultancy Lochroe point to this list of key issues to consider when assessing your business bank.
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