Business Support Portal

STARTUP BUSINESS ESSENTIALS

Below we feature everything you need to get your new business venture up and running. If you are an existing business you can also get access to some of the products and services listed below:

Accounting & Bookkeeping

The process of planning, managing and tracking aspects of your business finances such as expenses, payments, bills, payroll etc can be time challenging, consuming and frustrating. As an entrepreneur or a small business it’s even harder to find time to manage all these tasks or hiring someone who can handle these functions on a regular basis, particularly when you are just starting up.

Below we have provided some of accounting and bookkeeping products and services that might be suitable and beneficial to you.

Intuit QuickBooks

QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.

Pricing Plans: Starts at £8/month for a Self-employed plan with a 30 day FREE trial (with an offer starting at £4/month if you don’t take a free trial).

Main features include:

All plans allow you to track income and expenses, mileage tracking, snap, sort and store receipts, connect your bank, run reports, add Payroll from just £4/ month, add extra users and create estimates. If you are self-employed the features also include HMRC Self Assessment, separate personal and business transactions and income tax estimates. More advanced plans include features such as making tax digital for VAT, SmartScan™ VAT checker, unlimited invoicing, manage CIS transactions, manage bills & payments, manage bills & payments, track employee time, track project profitability and sets budgets.

For details visit Quickbooks


Xero

Xero is a cloud-based accounting software platform for small and medium-sized businesses. Xero’s products are based on the software as a service (SaaS) model and sold by subscription, based on the type and number of company entities managed by the subscriber. Xero small business accounting software has all you need to manage your numbers effortlessly.

Pricing Plans: Starts at £10/month (Includes a 30 day FREE trial)

Main Features include: invoicing, payroll, reporting, bank connections, bank reconciliation, dashboard, information security, pay bills, Xero expenses, projects, mobile app, quotes, accept payments, purchase orders, multi-currency, files, business performance dashboard, contacts and smart lists, VAT online, fixed assets, search and find what you need from wherever you are in Xero, free 24/7 online support.

For details visit Xero


FreshBooks

FreshBooks is accounting software primarily for small and medium-sized enterprises. It is a web-based software as a service model, that can be accessed through a desktop or mobile device. The all-new FreshBooksApp allows small business owners to work anywhere on the go.

Pricing: Starts at £11/month (includes 30 Day FREE trial)

Main features include: All-in-one small business invoicing and accounting solution, easy invoicing, organises expenses effortlessly, insightful time tracking, seamlessly collaborate on projects, get paid faster, easy to understand reports, work anywhere with the FreshBooks mobile app, easy-to-use double-entry accounting.

For details visit Freshbooks


FreeAgent

FreeAgent is an online accounting software brings everything together, from invoice and expense management to project management and sales tax. If you’re a NatWest, Royal Bank of Scotland or Ulster Bank NI business current account holder, you can get full access to FreeAgent for free, as long as you retain your bank account.

Pricing Plans: £9.50/month+ VAT for 6 months, then just £19/month+ VAT (includes 30 Day FREE Trial)

Main features include: invoices, expenses, mobile app, estimates, time tracking, payroll, projects. Tax features include VAT, self-assessment and corporation tax. You can also get connected to your bank, HMRC and Free Agent’s partners.

For details visit FreeAgent


Sage Business Cloud Accounting

Sage Accounting combines the convenience of the cloud with the power of desktop accounting software, giving you a complete view of all your business. Sage Business Cloud Accounting is accessible on any device from anywhere on their new online Accounting software. Perfect for sole traders and small businesses.

Pricing Plans: Starts at £12 p/month (includes a 30 Day FREE trial)

Main features: Sage Business Cloud Accounting features allow you to send and track invoices, snap and capture receipts, take care of tax and compliance, forecast your cash flow, pay your people, share access with your accountant and get support 24/7. Advanced features allow you to support unlimited users, manage and submit CIS, run advanced reports, send quotes and estimates, forecast cash flow, manage purchase invoices, snap receipts with AutoEntry,3 months free.

For details visit Sage


Zoho Books

Zoho Books is online accounting software that manages your finances, gets you VAT ready, automates business workflows, and helps you work collectively across departments.

Pricing Plans: Starts at £6/month (Includes 14 Day FREE trial)

Main features: Invoicing, estimates, client portal, expenses, bills, banking, projects, inventory, sales orders, purchase orders, VAT, online payments, reporting, automation, documents, vendor portal and mobile. Other features include customizable invoice templates, online payments, transaction approval, recurring expenses, vendor credits, landed cost, inventory tracking, price lists, inventory adjustment, automated bank feeds, transaction matching, reconciliation, schedule reports, customise reports, share reports, multiple project management, time sheet, role based access.

For details visit Zoho Books


KashFlow

KashFlow is an easy to use accounting software to take the hassle out your small business accounts. Cloud based software means 24/7 access from anywhere. Ideal for sole traders, contractors and small businesses.

Pricing Plans: Start at £8 p/month (includes a 14 Day FREE trial)

Main features: include invoices, quotes and estimates, payments, reporting, credit control, change log, cash flow, purchases and expenses, mileage, VAT returns, banking, payroll software and KashFlow Go gives you the freedom to work from anywhere, all you need is your phone and an internet connection.

For Details visit Kashflow


Go Daddy Bookkeeping

With GoDaddy Online Bookkeeping, you can manage all of your small business finances, all in one place. Save time. Get paid. Get back to business. Idea for service-oriented businesses like designers, consultants, artists, photographers, eBay sellers, Etsy stores, Amazon sellers, and other online stores

Pricing Plans: Starts at $4.99/month

Main features: GoDaddy Online Bookkeeping allows you to create invoices, get paid faster, eliminate follow-up, see profit and loss, automate sales & expenses tracking, tax preparations.

Banking

When it comes to finances, it’s important that right from the start of your business you set up a separate bank account for your business as trying to combine business and personal finances can be a very risky thing to do.

As you setup your business bank account you must ensure that you open it using your business or trading name. This not only helps you helps separate your personal finances from your business finances, it also gives your clients and customers confidence and confirms that you are a properly registered business.

Below are some of the banks that we have

Tide Bank

Features include:

  • £40 Cashback just for opening your Tide Bank business account with Untapped FR.
  • Free sign-up online in minutes
  • Accessible online and App
  • 20p when sending or receiving money from a non-Tide account
  • Free transfers to Tide members
  • No annual or monthly fees
  • Free card usage, at home and abroad
  • £1 ATM withdrawal
  • Cash deposits: £1 at the Post Office, 3% at PayPoint
  • FREE replacement cards

For details visit Tide


Starling Bank

Features include:

  • Eligibility UK businesses
  • Apply for a free digital business account in minutes
  • Accessible online and App
  • No monthly fees or UK payment charges
  • Free ATM withdrawals
  • No fees abroad
  • Mobile and online banking
  • Integrated with Xero, QuickBooks, FreeAgents
  • Receipt capture
  • Free access to multiple directors
  • FSCS Protection up to £85,000

For details visit Starling


Cashplus Bank

Features include:

  • Eligibility UK businesses
  • Fast Online Application
  • No credit check to open an account
  • Accessible online and App
  • Instant Online Decision
  • Account Number and Sort Code immediately available
  • No monthly fees – just £69 annually
  • Free card purchases
  • Free bank transfers
  • Integrates with Accounting software
  • Faster payments in and out
  • Business Expense Cards
  • Pay in & withdraw cash at the Post Office

For details visit CashPlus


Card One Money

Features include:

  • Accessible online and App
  • UK registered business only
  • Simple, easy account access
  • No credit checks
  • Pay your bills, invoices and wages
  • Monthly fees from £12.50
  • Free card purchases
  • IBAN or SWIFT code for your international payments
  • Application Fee £55 (Terms apply)

For details visit Card One Money


Barclays Business Current Account

Features include:

  • Free business banking for 12 months

Account fees thereafter include:

  • Two price plans (mixed payments and e-payments)
  • Cash machine cash out and electronic internal transfer free for both plans
  • Monthly account fee – £6.00 for mixed and £6.50 with e-payments
  • Cheques and assisted payments (in or out) £0.65 per transaction (mixed) and £1.50 per transaction (e-payments)
  • Cash payments (in or out) £0.90 per £100 (mixed) and £1.50 per £100 (e-payments)
  • Electronic payments (in or out) £0.35 per transaction (mixed) and Free (e-payments)

For details visit Barclays


Metro Bank Business Account

Designed specifically for new businesses and start-ups with a turnover of below £2m

Features include:

  • Fast and hassle-free account opening
  • No monthly fee for balances of over £5000. UK Card transactions 50 free per month, then £0.30 each
  • No minimum balance
  • Free card use within Europe (card purchase and withdrawal). Outside Europe card purchase 2.99% and cash withdrawal 2.99% + £1.50
  • Monthly account fee (under £5000) – £5.00. UK Card transactions, £0.30 each.
  • 24/7 UK-based telephone banking with a local Business Manager
  • Free internet banking.

For details visit Metro Bank


Santander Business Current Account

Features include:

  • 12 or 18 months of free business banking (£7.50 standard monthly fee)
  • UK registered businesses and up to 2 directors, owners (shareholders) or partners
  • No interest on your credit balances
  • Free and unlimited day to day transactions
  • Online and mobile banking
  • SMS and email alerts about your account
  • Access online, at Santander ATMs and Post Office branches
  • Arranged overdraft (subject t status)

For details visit Santander


Natwest Business Current/Foundation Account

Features include:

  • UK registered business only
  • 18 months FREE business banking
  • Account standard tariffs thereafter apply and there’s no minimum monthly charge
  • Free accounting software with FreeAgent
  • Accessible online and App
  • UK based telephone banking lines open 24/7, 365 days a year
  • The Start up business account available for businesses that have been trading for less than 1 year and have a turnover of less than £1m.
  • Overdraft available (subject to status)

For details visit NatWest


Llyods bank Business Current Account

Features include:

  • UK registered businesses
  • New and small businesses and turnover of under £3m
  • 12 months free day-to-day business banking
  • Mobile Business Banking app
  • Simple pricing including free electronic payments
  • Dedicated support from UK-based business management team

For details visit Lloyds


Royal Bank of Scotland Startup Business Bank

Features include:

  • UK registered businesses
  • Trading less than a year and turnover of less than £1m
  • 24-months transaction fee free banking then pay as you go (Standard Published Tariff after)
  • Access to Business Builder learning platform and Business Growth events
  • Free access to FreeAgent, online accounting software
  • Most banking activities available through Digital Banking
  • 24/7 Everyday banking support online, by phone and mobile
  • Contactless Visa debit card (by application) for your day-to-day expenses

For details visit Royal Bank of Scotland


Finance

Funding Options

Funding Options is the UK’s leading marketplace for business finance, helping businesses walk tall by finding them the right funding for their situation. With 200 lender partners on board, Funding Options is delivering tens of millions of pounds in vital finance to thousands of businesses every year.

Finance products include the following:

  • Asset finance
  • Business credit cards
  • Invoice finance
  • Commercial mortgages
  • Working capita
  • Business loans
  • Property development finance

For details visit Funding Options.


Company Formation

The Formation Company

The Formations Company makes it easier for individuals and businesses to form and register your company. They’ve helped more than 750,000 form companies so whether you’re taking a hobby full-time, or setting yourself up as a contractor, they can assist you with the paperwork so you don’t have to.

Some of the services The Formations Company offer include the following:

  • Company Formations
  • Registered Address service
  • Business Bank Accountants
  • Business Phone Line
  • Accountancy
  • Legal Services
  • Credit Checking
  • Websites
  • Digital Marketing

Registered Office & Office Space Services

Your City Office

Your City Office is a leading Virtual Office and Office Space Service Provider. They offer over 50 virtual office locations and 100,000 office space locations worldwide.

Some of the services they provide include the following:

  • Virtual office
  • Registered office
  • Meeting rooms
  • Mail forwarding
  • Telephone answering

Legal & Insurance

Simply Business

Simply Business operates an online insurance brokerage which specialises in protecting the business and its customers by simplifying the insurance-purchasing process for small for sole traders and small businesses. It offers specialist small business insurance which is tailored to the requirements of the individual client and offers a variety of insurance covers which include the following:

  • Business insurance
  • Public liability insurance
  • Professional indemnity insurance
  • Landlord insurance
  • Employer’s liability insurance
  • Product liability insurance

Simply Business is able to provide quotes from a wide range of insurers in minutes, enabling you to choose the ideal cover that fit your requirements. It provides quotes on insurance products on behalf of leading business insurance companies such as Hiscox, Ageas, Aig, Zurich, churchill, Nig, Chiswell, UK General, AXA, Covea and Finsbury.

For details visit Simply Business


ajax-loader