Features

Work Matters: Finance

Management
Lynn Bryden is business and finance support officer at Sure Start Strategic Partnership, Tyne & Wear (www.northtyneside.gov.uk).

Making the most of the service you receive from your bank is an essential part of any nursery business. It's worth investing the time to manage your relationship and check periodically that you're receiving the best offer available.

TOP TIPS:

- To help compare the services and rates on offer, visit www.bba.moneyfacts.co.uk. This can provide a quick and easy comparison of most banking products. Remember to consider all elements of your financial needs before making a decision. Are you receiving a good deal on your current account but a poor rate of interest on credit balances? Would it help to invest your funds elsewhere, or would that influence your borrowing rate?

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