Round-Up of Articles and News:
A warning from the Financial Ombudsman has been given regarding fraudulent emails that claim to come from their service. As always with such emails the use of logos and images are tagged to requests for Bank Account details and personal documentation. Full details can be found on the Ombudsman site.
For those who like numbers, The City’s Guide to Sources of Statistics as a comprehensive guide to statistics might be of interest.
8 students are being offered the chance by HSBC to win a £15,000 bursary. Uploading a 90 second video could transform the university experience.
Not News but certainly of interest to some – Quick answers to a couple of questions that have come through our Tuesday clinic:
What are the best banks for small businesses? The short answer is, one that is sympathetic to your needs, long and short term. Make a list of what types of service you will require immediately and what types of service you may require as the business progresses. Business Banking is different from Business Borrowing.
When a business is being professionally valued, how is `potential’ taken into account? Professional Business Valuation is a complicated process which breaks down areas of a business to determine the true market value, objectively, focusing on the good, the bad and the intangible. The mix of assets, leverage, liabilities, economy and other aspects are added and subtracted along with the businesses numbers to prepare a professional valuation. It can be a lengthy process and will involve others, such as Accountant, for up to date details and evidence gathering from the archives along with the businesses ability to do business, profitably.
(Image and Article credit: Copyright SUF)