Switching banks increasingly popular with small businesses

According to reports published in Computer Weekly on 25 July 2019, a growing number of UK small and medium sized businesses (SMEs) are switching banks. The data shows that in Q2 2019 twice as many SMEs used the Current Account Switch Service (CASS) when compared with the same period in 2018.

CASS is operated by Pay UK, and its data shows 17,687 UK small businesses swapped banks in the second quarter of 2019. Just 8,000 UK SMEs swapped banks in Q1 2018, showing a change of attitude for the sector.

Switching banks made easy

The scheme to make bank switching easier for small businesses was launched in 2013 and is one of a number of regulatory changes designed to improve the financial services sector. Pay UK Chief Operating Officer, Matthew Hunt says in a statement: “There can be many benefits gained from switching current accounts and our aim is to continue to ensure that consumers are aware of the options available to them.”

When should small businesses change banks?

The data also shows an increase in the number of challenger banks on the market, specifically targeting SMEs. So, when is it a good time for a small business to change banks?

  1. You’re getting hit with big banking fees

There are all kinds of banking fees your business might be charged, ranging from ATM fees to overdraft charges. Statistics show that in 2016, the big banks made more than £27 billion in overdraft charges alone. However, it’s not only big banks that charge fees.

When opening any kind of account with a financial provider, you should carefully check whether there are any hidden fees. You may find that accounts require a certain number of transactions, for example. Overdraft fees can be incurred by just one unplanned for outlay. If your business accounts are constantly incurring fees, it’s time to look for another banking provider.

  1. You’re not happy with the customer service

If you find you’re unable to speak to someone about any problems you have with your business bank account, it’s time to look elsewhere. Consumers are increasingly demanding better customer service and expect to be able to access it fast. This is why challenger banks are able to disrupt the traditional big banks. They are offering 24/7 communication and easier access to assistance.

  1. You never use offline services

If you’re with a traditional bank that offers branch assistance, yet you never use it, it could be time to switch. You’re generally paying extra in fees for services you don’t even use. More businesses bank entirely online than ever before, and just don’t need the in-branch service.

  1. The bank’s website and app just aren’t up to scratch

This may sound like it’s not a big deal, but when you use online services, whether desktop or mobile, it’s important that they work properly. An app or web service that has a confusing user interface or has too many unnecessary steps can be a deal-breaker. It’s easier for businesses to stay in control of their business accounts and cashflow if they can access everything they need easily and quickly.

James Turner, Managing Director of Turner Little Limited says: “Double the number of small businesses are switching banks compared with last year, showing that consumers are reacting to the increased offerings from challenger banks in the sector. The Fintech and banking disruption caused by challenger banks is in direct response to the changing needs of business, and in particular from SMEs that are demanding more from their financial services provider.”

“This healthy competition is long overdue in the financial services sector, which has long been out of reach for many small businesses and self-employed business owners. The Government recognises the importance of the SME sector in the UK as the main driver for the country’s economy, and the more steps taken to open up competition in the banking sector, the better it is for small businesses.”

“Business owners should take stock at regular intervals and look at whether they are getting the best, and cheapest, service they can from their financial provider. If not, there is no reason why they shouldn’t shop around until they find the best services for them, whether that comes from a traditional big banking institution or a challenger start-up.”

 

About Turner Little
Founded in 1998 in Yorkshire, UK, Turner Little is a specialist UK and offshore company formation, banking and corporate services provider. Our services include company formation, UK and offshore banking, asset protection, credit correction, trademarking and trusts. Other services include Internet services, mail forwarding, wills and probate. Turner Little’s vision is to offer the best possible service, together with market leading products.

Report shows UK small businesses unconcerned about no-deal Brexit

New research shows that small businesses that deal with exports and international trade are not unduly concerned about the possibility of a no-deal Brexit.

With the UK’s new Prime Minister Boris Johnson increasingly taking a no-deal stance on Brexit, it’s interesting to note that small businesses are more concerned by the global economic slowdown and US trade protectionism.

Global economy more worrying than no-deal Brexit

More UK SMEs say they are concerned with the US President’s ‘America First’ stance on trade, than leaving the EU with no deal, according to the survey by OFX. Furthermore, the survey shows that the majority of UK SMEs say the uncertainty over Brexit has ‘no effect’ on their international strategy and future plans.

Businesses in the UK are still optimistic about engaging in global trade. Just under half (48%) report increased sales over the last 12 months, with the average increase standing at £45,000. At the same time, 44% are planning to either begin or increase international trade over the next 12 months. Almost half (47%) of the UK SMEs in the survey say they intend to increase sales to Western Europe in 2020.

US trade policies cause for concern

However, despite the optimism surrounding Brexit, the survey does show UK SMEs are concerned about the trade policies from the United States. These include a threat of possible tariffs covering billions of pounds worth of goods from across Europe. This has resulted in a shift towards Western Europe as the ideal export market, and away from the US.

There has also been much in the media about the potentially negative impact of a hard border being imposed between Ireland and Northern Ireland. Despite this, the survey shows that just under half of SMEs in Northern Ireland are focusing trade attention on the Republic of Ireland over the next 12 months.

During the last 12 months, 68% of SMEs in Northern Ireland upped their international sales by £52,440 (on average). These results make it the fastest growing region for international exports from SMEs.

James Turner, Managing Director of Turner Little Limited says: “UK SMEs should continue to prepare for the possibility of a no-deal Brexit. However, this shouldn’t be the overwhelming issue facing small business owners. Putting Brexit into perspective is the key to working through other challenges presented by the knock-on effect to the global economic situation. It is possible that a global recession could impact currency and trade. The results of this survey are encouraging in that UK SMEs are working on protecting their interests so that they can continue trade as usual.”

“As the date for Brexit approaches, I’m encouraged to see how much confidence UK SMEs are showing across the country. This is particularly true for those in Northern Ireland, where small and medium sized businesses are embracing trade across the border regardless of the uncertainty caused by Brexit.

“Small businesses are leading the way by showing that taking sensible measures and adopting the mantra ‘business as usual’, will help the UK economy weather the storm of uncertainty.”

 

About Turner Little
Founded in 1998 in Yorkshire, UK, Turner Little is a specialist UK and offshore company formation, banking and corporate services provider. Our services include company formation, UK and offshore banking, asset protection, credit correction, trademarking and trusts. Other services include Internet services, mail forwarding, wills and probate. Turner Little’s vision is to offer the best possible service, together with market leading products.

Survey shows 11% of businesses ‘unaware’ of Making Tax Digital requirements

Making Tax Digital (MTD) is a new initiative from the Government aimed at simplifying the tax process for businesses and individuals. And a new survey says that more than 10% of all businesses in the UK are totally unaware, and therefore unprepared, for this new tax requirement.

What is Making Tax Digital (MTD)?

Through MTD the Government says it will be “one of the most digitally advanced tax administrations in the world”. It will fundamentally alter the way the UK tax system works, to make it more efficient, effective and easier to use.

MTD for VAT is also now active, which means businesses that are eligible to pay VAT must now use specific software to keep online records and to submit returns. Government figures show that tax errors cos the Exchequer around £9 billion every year. By introducing MTD, the Government hopes to rectify these errors and save money.

In July 2017, the Government announced a slow-down in the introduction of the MTD for VAT, as many businesses expressed concern about how quickly they were expected to transition. The Government said that MTD will not be a legal requirement for taxes other than VAT until April 2020.

A further announcement in March 2019, as part of the Spring Statement, promised Government support for businesses making the transition. Therefore, they say that MTD will not be mandated for any new businesses or taxes in 2020.

MTD now a legal requirement for VAT returns

The law came into force at the start of this tax year (5 April 2019), meaning more than one million companies with an annual taxable income of more than £85,000 must now file VAT returns online.

Despite the Government’s attempts to manage the transition to MTD, a survey of UK SMEs shows that 11% of businesses asked are not even aware that they need to change the way they do their business taxes.

The survey was co-ordinated by QuickBooks, and its results also show that there is a significant amount of confusion from businesses about whether they are compliant or not. Around half of respondents were discovered not to be fully compliant, when they thought they were. Around 25% of companies that are compliant express concern that they’re not properly set up to handle the changes.

HMRC says that penalties will be issued with a “light touch” for the first 12 months. From October 2019, various other entities, including local authorities, trusts, public corporations and not-for-profit groups will also have to move online to submit their taxes.

It will be necessary for all businesses to keep digital records from the start of each tax year, using MTD compliant software.

James Turner, Managing Director of Turner Little Limited says: “MTD may seem intimidating or confusing to businesses that are used to submitting VAT returns in a different way. However, it also represents a generational shift in how the business sector navigates digital taxes, which will lead to much smoother systems and a simpler tax system overall.”

“It’s encouraging that the Government acknowledges that there are issues with the communication surrounding MTD, with a significant number of businesses still unsure about their obligations. I would advise small and medium sized businesses to carry out some online research about MTD, and to work with a professional to ensure that they are using the correct software and understand the changes.”

“The study referenced in this blog says that becoming compliant with MTD is faster than expected for 42% of respondents. Only 13% say that they found the process takes longer than first expected. Shifting online will ultimately improve systems for businesses and take the sector into a new era of digitisation.”

 

About Turner Little
Founded in 1998 in Yorkshire, UK, Turner Little is a specialist UK and offshore company formation, banking and corporate services provider. Our services include company formation, UK and offshore banking, asset protection, credit correction, trademarking and trusts. Other services include Internet services, mail forwarding, wills and probate. Turner Little’s vision is to offer the best possible service, together with market leading products.

Choosing the best business finance for start-up growth

Small businesses have many options for business financing. But this, in itself, can be overwhelming, particularly for start-ups focusing on multiple strands of growth. Deciding which finance option is best for your small business is imperative for growth plans to succeed. Here’s a breakdown of some of the types of business finance for start-up companies.

Defining business finance

Business finance for start-up – what is this? It refers to any funding raised by start-ups to help them grow. There are two main types of business finance:

  1. Debt finance – where a business borrows money from a lender and agrees to pay back in full plus interest. The money can be paid back in a lump sum, or through a long-term payment plan. The business does not have to give up any control or shares to access funding in this way.
  2. Equity finance – when a business raises funding by effectively selling shares to investors or another business. The stake’s value depends on the success of the business selling, which means investors retain an interest in its profitability and growth. Often, investors also bring their experience, skills and networking to the deal, in order to help the business grow.

It is rare for a start-up to be able to fund itself independently, which means the vast majority must raise business finance of some kind.

Which business finance should a start-up choose?

Both debt and equity finance both have pros and cons for small businesses.

  1. What are the advantages of debt finance for small businesses?
  • Tax relief is available on interest payments.
  • It’s relatively simple to plan ahead to make repayments.
  • Terms can be tailored in the best interests of the business.
  1. What are the disadvantages of debt finance for small businesses?
  • Penalty charges apply if you default on payments.
  • Cashflow can fluctuate, which could affect the ability to pay.
  • Lenders will analyse business and personal credit history.
  1. What are the advantages of equity finance for small businesses?
  • Investors can provide further funding as the business grows.
  • Investors can bring invaluable skills, expertise and resources to the table.
  • Investors take on some of the risk as they own a share and want to help the business succeed.
  1. What are the disadvantages of equity finance for small businesses?
  • Businesses dilute ownership.
  • There are lots of legalities to cover.
  • Raising equity demands time away from the business.

Business financing is the lifeblood of a small business, and particularly start-ups. The most recent analysis from the Office of National Statistics (ONS) shows the business ‘death rate’ is continuing a steady rise (for a number of years). This is stark evidence of just how tough it can be out there for small businesses and start-ups that want to survive and grow.

Potential sources of business funding for small businesses

Following the financial crisis in 2008, some traditional forms of financing for businesses dried up. This opened the door for some alternative, or less traditional forms of funding, for example, crowdfunding. Here are some of the main sources of funding available for both categories, starting with debt finance.

  • Bank loans – work well for large, long-term investments.
  • Bank overdrafts – useful to fund shorter term business plans or finance day to day working capital.
  • P2P lending – peer-to-peer lending uses online platforms that match borrowers with potential lenders. Loans can be small amounts or go up to millions. The platform charges a fixed fee or lenders outbid each other with competitive interest rates.
  • Asset-based financing – this covers both asset-based lending and invoice financing.
  • Hire purchase and leasing – useful for physical assets like company cars and office equipment. The option to buy is generally available at the end of the agreement. Works well for businesses that need equipment but can’t afford to buy outright.
  • Export finance – this covers a number of financial banking products designed to make it easier for businesses to trade internationally. It reduces defaulting risks or delayed payments, and bridges payment gaps when necessary.
  • Trade finance – helps businesses buy goods from domestic and international sellers. This generally covers specific goods shipments over set periods of time.
  • Mezzanine and growth finance – both of these are tailored to the needs of a business, so that the repayment plan matches its revenue forecast. Usually used to fund the expansion of existing businesses.

Potential sources of equity financing

  • Angel investment – ‘angel’ investors are wealthy people who put money into businesses in return for equity. They either invest alone or through a syndicate.
  • Equity crowdfunding – uses online platforms to link angel investors with businesses needing funding.
  • Venture capital – venture capitalists seek out unique businesses they believe will deliver high returns. They invest in a number of businesses, knowing that a percentage will fail. Often invest in early stage start-ups.
  • Private equity investors – they aim to improve a business’ profitability and to do so invest in new services and products, or into plans for expansion. They introduce a corporate and management structure to the business. The investment goes on for around five to seven years, after which the investor sells its shares and lists the company publicly.

James Turner, Managing Director of Turner Little Limited says: “This is not an exhaustive list of all forms of business financing, but it is a useful basis for start-ups unsure how to proceed. All small businesses need to access some kind of funding, and while it can seem a distraction in terms of time invested in securing the right kind of funding, it is key to growth.”

“Small business and start-up owners should carefully consider which form of funding is right for their needs. It may be that as they grow and expand, the type of finance needed changes. It’s always a good idea to engage a professional for advice on the best kind of funding for your business, particularly if you’re starting out.”

About Turner Little
Founded in 1998 in Yorkshire, UK, Turner Little is a specialist UK and offshore company formation, banking and corporate services provider. Our services include company formation, UK and offshore banking, asset protection, credit correction, trademarking and trusts. Other services include Internet services, mail forwarding, wills and probate. Turner Little’s vision is to offer the best possible service, together with market leading products.

What are angel investors looking for from small businesses?

Securing funding is a priority for all start-ups, entrepreneurs and small businesses. Without cashflow, it doesn’t matter how promising a business idea is. And one channel many entrepreneurs pursue for funding are angel investors.

How do angel investors work?

An angel investor is someone who uses their own personal money to invest in a small business, one that they personally consider worthwhile. They will choose businesses that have growth potential. Usually, they provide that business with equity finance and receive shares of the business in return – think a ‘Dragon’s Den’ style transaction.

Angel investors use their own experience, skills and knowledge to decide who to work with. They don’t rely on an external agent or advisor, it’s about them making gut decisions based on face-to-face meetings, or via online platforms.

A key differentiator between receiving funding from a bank and an angel investor is that you will also benefit from the angel investors contacts, experience and knowledge. Angel investors bring a lot more to the table that just funding, they can bring all kinds of networking opportunities to help the small business grow and succeed. Some choose to act passively as part of a group of investors or be the lead investor on a deal.

How can small businesses find an angel investor?

Networking is key here. The most productive way to approach an angel investor is through an introduction, either from a contact, client, other entrepreneur or even a friend. Angel investors are approached by many people with a lot of different pitches, so it can be difficult to get an ‘in’.

Events are also a possible avenue, with groups such as the UK Business Angels Association (UKBAA) regularly hosting investor forums. These can present opportunities to meet with business leaders, other entrepreneurs and potential investors. They also host regional hubs offering higher visibility of investors to entrepreneurs.

What interests an angel investor?

Investors want to understand how you are solving a problem or challenge present in society or a specific market. They will want to see market research that proves your start-up or project meets an actual need. It also must bring something disruptive or tangibly new to the market.

They also what to know that your business can be scaled, how you plan to grow, how you expect to make money and whether you’ve tested prototypes on customers. You must be able to prove there is real interest in your project. It’s not enough to turn up with an idea and expect funding, rather a strong business case must be crafted.

As well as short-term scalability, angel investors want to know about international possibilities. How will your start-up eventually fit in on a global stage?

Is there a limit on how much they can invest?

While some angel investors choose to do so alone, it’s more common to invest alongside others through syndication. The average angel investment from an individual is about £25,000. Syndicates provide approximately £190,000 on average.

Bigger SMEs on the cusp of international expansion naturally require more investment than a start-up. Investors tailor support to fit the project, something that is usually not possible from traditional lenders. Investors and the start-ups involved benefit from this flexibility.

Investing in this way usually doesn’t see a return or a possible exit for at least eight years. How long angel investors choose to remain part of the business again depends on individual circumstances. They rely on guidance from people who have long-term experience in building businesses to make decisions, as well as their own in-depth knowledge of the sector.

Start-up investment is increasing in the UK

Start-up investment is more popular and accessible in the UK than ever before. There are enough successful start-ups (for example, ASOS, JustEat and Zoopla) providing a clear framework for investors to make a decision. In addition, there are increasing policies and legislative changes implemented by various Governments to support this sector.

The biggest impact has come from the Enterprise Investment Scheme (EIS) in the late 1990s, and the Seed Enterprise Investment Scheme (SEIS), implemented in 2012. Both reward investors with generous tax breaks. For example, under SEIS, it’s possible to gain up to 72.5% of the investment as tax relief.

James Turner, Managing Director of Turner Little Limited, says: “These kinds of tax relief schemes have been exceptionally popular with private and angel investors. Each year. They invest more than £1.5 billion into high-growth opportunities using EIS and SEIS. This is why we are seeing more angel investors wanting to become involved at the early stages of start-ups.

“Angel networks are excellent tools for investors as they present various opportunities through online platforms and pitching events. Tech start-ups in particular are seeing results from angel investors, and it offers a financing opportunity that is more flexible than traditional banks.

About Turner Little

Founded in 1998 in Yorkshire, UK, Turner Little is a specialist UK and offshore company formation, banking and corporate services provider. Our services include company formation, UK and offshore banking, asset protection, credit correction, trademarking and trusts. Other services include Internet services, mail forwarding, wills and probate. Turner Little’s vision is to offer the best possible service, together with market leading products.

Cryptocurrency businesses increasingly turning to offshore bank accounts

A report concentrating on the cryptocurrency and blockchain markets in the UK has revealed many businesses are turning to offshore bank accounts. The research was carried out by Digital Capital in a report called ‘Blockchain in Action: State of the UK Market’. Findings show that companies in this sector are finding it difficult to open traditional bank accounts.

Offshore bank accounts for crypto-businesses

Digital Capital is a digital innovation centre based in the UK. Its report surveyed 264 cryptocurrency related or distributed ledger technology-based businesses, which are divided into four distinct groups.

The categories are decentralised applications developers (dApps), centralised systems including crypto exchanges, service providers like consultancies and VC firms, and distributed ledger companies.

74% of blockchain companies have working applications and products in various sectors. Around 71% of these businesses are reporting revenue generation.

Uncertainty regarding regulatory bodies

Most small businesses working in the crypto and blockchain space have expressed some concern relating to the regulatory environment in the UK. In the same way as many other countries, there is a lack of certainty surrounding this industry.

Almost 75% of those surveyed say that they are not happy with the uncertainty facing the industry. Many concerns centre on the lack of clarity from regulatory bodies and authorities. There is no real consensus on certification, industry standardisation or crypto regulations, which makes it a risky sector to work in.

Other concerns centre on the difficulty in accessing technical advice and expertise, business consultancy or legal help. Almost half of the companies surveyed say that they want more services, particularly with regard to specialist legal services for distributed ledger issues.

Worries over Initial Coin Offerings

SMEs also express concerns surrounding Initial Coin Offerings (ICOs). This way of raising funds has experienced a big surge since 2016, with thousands of companies and projects choosing it as one way to raise money.

The report shows that the UK is second only to the US in terms of the total number of ICOs launched. The UK stands at a 10% share, with the US at 20%. However, out of the 264 businesses surveyed, just 4.5% used an ICO. Instead, around 80% of start-up founders used their own funds to launch their crypto-focused and digital ledger focused companies.

Uncertainty surrounding regulation also affects the entire ICO market. The Financial Conduct Authority (FCA) in the UK is examining regulating the ICO space, but has yet to formulate a framework to cover the legalities.

Problems with opening bank accounts

A key finding from the report relates to the trouble crypto businesses have when they want to open a bank account. More than half of the firms asked say they found it problematic when trying to open a bank account with a legacy financial institution.

Again, this is due to the uncertainty in the sector, particularly when it comes to anti-money laundering (AML) and Know Your Customer (KYC) checks.

James Turner, Managing Director of Turner Little Limited says: “The difficulty accessing a bank account has meant that many businesses in the crypto and distributed ledger space are turning towards opening offshore bank accounts. This allows more freedom and an alternative to the legacy banks, which are unsure about this sector.

“Until there is definitive legislation from the Government and regulatory bodies, there will be more challenges for small business owners in this sector. However, despite this, there is no doubt that the blockchain technology industry has huge potential to completely transform many sectors across the UK.”

About Turner Little

Founded in 1998 in Yorkshire, UK, Turner Little is a specialist UK and offshore company formation, banking and corporate services provider. Our services include company formation, UK and offshore banking, asset protection, credit correction/repair, trademarking and trusts. Other services include Internet services, mail forwarding, wills and probate. Turner Little’s vision is to offer the best possible service, together with market leading products.

How to build a great sales team for a small business

There are many exciting and daunting challenges for any new and growing company. One of these challenges is how to build a great sales team? As this will form the backbone for your future success, it’s important to get it right.

There are four keys to success:

  1. Choose the right people
  2. Learn to perform
  3. Use the best technology
  4. Focus on the right activities

Here is how to do it:

Hiring the best people

To scale your new or growing business, you must attract the right talent to your team. The first step should be clarifying why you want to recruit for specific roles. An incorrect hire can be hugely costly when you’re starting out, or for any established SME. To get it right, you should review the current needs for your business and identify any gaps that are ready for expansion.

When you have a concise job description in writing, then it’s time to reach out to potential candidates. Carry out your searches strategically and be clear what you are prepared to compromise on for the right person.

It’s important to remain open-minded when it comes to background and experience; the candidate must be relevant. No matter how personable they appear, someone with ten years in manufacturing sales will probably not match the needs of a property company, for example.

The final stage is to work out a clearly defined interview process that includes the values you want from the candidate. Having a list of clear behaviours that represent your company’s culture and aspirations will help you score interview candidates in a useful way. Whether you’re looking for passion and aspiration or experience and an inquisitive instinct, understanding what you actually need will help you find the best person. And in a sales candidate, you want to see a good track record and evidence of success.

When you have a candidate that fits, make an offer and see how they negotiate. A good salesperson will try to get the best offer possible. If they can convince you to alter your salary and commission stricture, then this is a clear indication they are right for your sales team.

Your sales team must perform. It’s a key function for every business. No matter how good your product or service, if you can’t communicate this to potential customers then the business with fail. To succeed, your small business must sell itself and its products to a high standard.

Deciding who to hire for your sales team, which systems to use and when to scale up are all key considerations for business owners.

Take advantage of technology

When you have the team in place, you must provide the right tools to allow them to succeed. Many SMEs neglect this step, and salespeople are expected to achieve the impossible. Research by YouGov, covering 1,000 sales professionals in the UK, has found that 25% rely on pen and paper to keep track of their sales pipeline. This is an incredible number, given the sheer number of digital tools freely available to salespeople in 2018.

Sales tracking is incredibly important to effectively manage sales. To scale up as a business, it’s vital to be able to optimise and refine your sales processes as you go. This is a constant process and needs technology to work well. Build your team using a high-quality CRM (Customer Relationship Platform) platform from day one. This will allow them to track metrics and understand where and how they can change their process for better results.

Focus on ‘winnable’ tasks

A major factor in building a successful team is focusing on the right sales activities. The best route to success is by focusing on quality rather than quantity when it comes to chasing leads and closing sales.

It doesn’t matter how good the salesperson is, some deals are never going to close. Spending too much time chasing the impossible wastes other opportunities. Sales teams should be trained to understand how to spot low-quality leads and drop them in favour of those than can be converted.

Remember that rigidly focusing on end targets rather than the steps that could be taken to move deals on, can be counter-productive.

James Turner, Managing Director of Turner Little Limited said: “A good sales team really matters. Research shows that SMEs in the UK are losing an average of £15,000 every month due to poor quality sales processes. This must change if you want your small business to smash through growth targets and become successful.

“The market in every sector in increasingly competitive. Teams are increasingly needing to secure both national and international sales, for example. By allowing inaccurate or unfocused sales activity to slide, your business could be losing substantial amounts of money on a regular basis.

“Invest in decent technology and tools to allow your sales team to do their job. The importance of this can’t be underestimated. A well maintained and productive sales team shouldn’t be something business owners take for granted. It should be nurtured, encouraged and supported.

About Turner Little

Founded in 1998 in Yorkshire, UK, Turner Little is a specialist UK and offshore company formation, banking and corporate services provider. Our services include company formation, UK and offshore banking, asset protection, credit correction/repair, trademarking and trusts. Other services include Internet services, mail forwarding, wills and probate. Turner Little’s vision is to offer the best possible service, together with market leading products.

Turner Little