(PRWEB) May 5, 2008 -- Alliance & Leicester Commercial Bank research has shown that small businesses across the UK are saving for a rainy day. With the current economic climate proving to be as unpredictable as the British weather, it is reassuring to know that 45% of small businesses have funds set aside in order to be financially prepared, whatever the weather.
The research shows that small businesses prefer to plan ahead, meaning that they are prepared for any eventuality.
The survey carried out by Alliance & Leicester Commercial Bank showed that more than half of the businesses that were asked expected to use the funds in their business savings account (https://www.alliance-leicestercommercialbank.co.uk/content/SB020001.asp) to cover any loss of business, while 42% of respondents had the money set aside for unexpected equipment failure. More than a quarter planned to use the savings to fund growth of their business.
Despite the uncertain economic climate, the survey into business banking (http://www.alliance-leicestercommercialbank.co.uk/content/HP000001.asp) practices revealed that nearly a quarter of small businesses are able to save between £5,000 to £20,000 per year, and just under 30% said that they did not plan to draw on the sum, instead leaving it in their business savings account for long term growth.
According to the results of the research, there are two main ways in which small businesses put aside their money. Around a third put a fixed amount of money into their business deposit account (https://www.alliance-leicestercommercialbank.co.uk/content/SB020003.asp) on a regular basis, while around 40% make payments based on their cash flow.
Research has also shown that small businesses in the UK are missing out on over half a billion pounds each year because they fail to shop around for the best business deposit account. Alliance & Leicester Commercial Bank has launched www.interest-challenge.co.uk to help companies find out much additional interest their surplus funds could be earning.
For information about the range of business deposit accounts that are available from Alliance & Leicester Commercial Bank, business owners should call free 0800 587 0800 or visit www.alliance-leicestercommercialbank.co.uk.
###
Lingerie At Large Encourages Full Figures to Embrace Curves
Full figured women, and those who love them, are encouraged to embrace their curves by the internet's first and most trusted name in plus size lingerie, Lingerie At Large.
Infusion Software Closes $9 Million Funding Round Led by Mohr Davidow Ventures: Funding to Accelerate Growth of On-Demand CRM for Small Businesses
Infusion Software Inc., provider of the best-selling customer relationship management (CRM) software for small businesses, today announced it has secured funding of $9 million from MDV-Mohr Davidow Ventures, a leading Silicon Valley venture capital firm. This round represents Infusion's first round of venture financing.
Small Footprint RJ45 Module Provides Drop-in OEM Profinet IO, Ethernet/IP and Modbus TCP
The ExLink Profinet module provides an instant Profinet IO interface for OEM applications by simply adding this module to your printed circuit board. The exceptionally small module requires only a single serial communication channel and 3.3 VDC power. Any device can now be a Profinet IO node in a network seamlessly integrated with Siemens PLCs and other Profinet IO compatible devices.
Small Business Cheap Health Insurance
As a small business owner, you know the importance of being able to offer your employees health insurance. You also know the expense associated with it. What do small business owners do? How can they afford it? Well, depending on which state your business resides, there may be government help.
Dropshipping: Salehoo vs World Wide Brands
The best we found Worldwide Brands is eBay acknowledged and operated by Chris Malta Product Sourcing Editor of eBay Radio. The company has a team of researchers on constant lookout for new dropshipping and wholesale suppliers to add to their directory. There are three distinct secrets used by prominent eBay Powersellers. eBay Dropshippers Know What's HOT! The top income producers or Powersellers on eBay do their homework. They find out what is selling. Dropshipping on the Internet is a virtual matter involving digital images of goods a retailer is selling. Before you should start selling these jumped up java makers you should find out if there is a market of people who will by them from you.
Celebrities Like Their Pearls
Pearls never go out of style – they are always a classy and traditional wardrobe accessory that will never disappoint you. But this year they are a "front and center" fashion statement! Just ask celebrities like Sandra Bullok, Jennifer Anistan, or Courtney Cox.
Major Brands Added to the US Accepted Poker Rooms List
More poker rooms which accept US players (http://www.compatiblepoker.com/usa.php) were added to the USA poker news page at Compatiblepoker.com/usa.php . The additions came after the combination of various skins joined forces after leaving their old non-US accepted network providers.
Does my small business need a budget?
"I only have a small business, I don't need a budget."
Do?s And Don?ts For Small Businesses
Starting a new business can be a daunting operation. A remarkably high percentage of small businesses fail within the first five years of operation. Sometimes that is because the business itself is not sound. However, on other occasions the problem lies in a lack of planning or an ignorance of the many legal requirements that must be met by the small business operator.
Small Business Success: Thriving During Change (And Landing On Your Feet!)
If I had $1.00 every time I heard someone say " I don't like change or, change makes me uncomfortable" I'd be a millionaire.