How to distribute business savings and who to use?

Burnleyfizaa

Hi

I have a small business and currently have £400k in the account and only need £30k as a float so need to move my money so its protected but also getting the best interest rates.

Ive read about Flagstone and wondered if this is the best way to go or to have a number of accounts up to £85k in order that the money is protected.

Thanks in advance

martindow

Nice problem to have!

Are you operating as a sole trader, limited company or something else?  I suspect that your options will vary according to the business structure.

Burnleyfizaa

martindow said:

Nice problem to have!

Are you operating as a sole trader, limited company or something else?  I suspect that your options will vary according to the business structure.

Thanks - limited comapny