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Managing savings/reserves in business – big or small

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SPONSORED: Forward planning to understand what is required from business reserves is essential to make sure they are working as hard as you are, improving your bottom line and not causing a drain.

Forward planning for your business is essential

Many business accounts come with fees that dwarf interest payments in such a low interest rate economy; penalising prudent businesses.

Whether a business is a SME or a national behemoth, being organised and making best use of industry experts can improve cash flows and remove unnecessary overheads from a business within a few weeks – who would turn that down?

Dudley Building Society has a range of fee free Corporate Accounts with instant and longer term notice options that see higher rates of return.

Members of the Society are able to take advantage of the Society’s partnership with Concept Financial Services who are able to provide non-obligation advice on areas such as tax planning, commercial mortgages (Commercial Mortgages are not regulated by Financial Conduct Authority), insurances, company life policies, director pension schemes and cash flow lending.

Concept Financial Services are a trade name of Delphic Financial Planning Limited which is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.

For more information about the products and services available from Dudley Building Society see dudleybuildingsociety.co.uk/business

YOUR HOME/PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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