Business Banking - Growing your business




	Security
	More about Online Banking

	Business Management
	Managing your money Managing your business Marketing your business Future planning Growing your business Ways to grow your business

	Help & Information
	Contact us Site map Accessibility Important Information Privacy policy Security

Growing your business

You’ve experienced the excitement of seeing your first profits and the surge of confidence that comes with handling everyday challenges. The next high point is when you set about growing your business.
Planning for growth If you’re going to build up your business, be sure you’ve got the basics right. Are you in a strong financial position? Do you have the capital you need to expand? Are you covered if things go wrong? This phase needs a lot of careful thought and planning. 1. Set yourself goals Develop a goal of what you want your business to achieve and a date to achieve it by. A target will give you something solid to work towards. And make sure your goals are SMART: Specific, Measurable, Achievable, Realistic and Timed. So, instead of a vague goal like “I need some new customers”, a SMART objective might be “In the next six months I want to gain 30 more customers and so make an extra £4,000 in sales.” 2. Ask yourself – are you prepared to take the risk? How much you grow and how quickly will depend on how much risk you want to take. The more you plan ahead, the better placed you’ll be to face an unknown future. Don’t set out with growth plans that you’re not comfortable with. 3. Get expert help Growing your business can mean going into new territory in areas like finance and law. Talking to experts can ensure you comply with regulations and avoid unexpected shocks. Find out more about growing your business Find out about our free Let's Talk free seminars

Get in touch

Talk to a Local Business Manager now.

Call 0845 605 2345**

Call charges and information.

	**Lines are open Monday to Friday, 8am to 7pm. To maintain a quality service, we may monitor or record phone calls. Call charges and information.

Starting a business
We offer a number of services for starting a business, including information and support to help you achieve your goals and set you on the right path.

Business insurance
We offer easy and affordable business insurance for a variety of business requirements, and can tailor make a policy just for you, so you get just what you need.

Business loans
We’ve got a great flexible business loan for general business needs, with repayments to suit your business needs.

Business current accounts
For all the day-in, day-out stuff like making and receiving payments, you can rely on your business current account for a flexible and secure service.

Business overdrafts
Many businesses need them, so many businesses have them. When your cash levels dip a little low, a business overdraft could help you through until the cash comes in again (subject to application and status).

Online business banking
Manage your day-to-day banking from your PC day or night: check your balance, apply for a loan or overdraft, pay bills and suppliers, and move money between accounts.