Tuesday, July 26, 2011

Just started my own business, what next?

Starting a business can be a challenge, but can also be highly rewarding - and not only in financial terms. However, some young entrepreneurs do not fully consider the numerous aspects of day-to-day business life that will need to be arranged when setting up a new company - particularly when it comes to utilities.

Services such as gas, electricity, water and broadband internet access for your office buildings are essential considerations that need to be taken care of at the earliest opportunity, though that doesn't mean rushing in and accepting the first quote you're given. When it comes to larger businesses in particular, a relatively small difference in tariff prices can mean a great deal when it comes to powering your commercial premises.

Broadband is of rising importance to businesses, to the extent that many people now consider it to be on par with electricity and gas. Without a fast and reliable internet connection, your business will be denied access to the most dynamic and important web content out there, and your company's own web presence will suffer as a result.

That's not to say business gas and electricity are any less important though, especially with the rising cost of fuel making it more vital than ever to compare tariffs and find the best deals. Even the recent increase in the VAT rate is estimated to have cost small to medium sized businesses in the UK around £1,000 last year, so it's important to shop around.

One of the most effective ways to compare the various prices of business electricity suppliers and gas companies is to use dedicated price comparison websites, which will list the respective tariffs of different companies alongside each other for ease of comparison. However, just checking these sites alone may not be enough, as providers could offer exclusive discounts for business customers that are not listed.

To find out what deals are available for business customers, you should browse the websites of reputable utility companies or contact them directly. If you own a larger company, you could also hire a specialist in business gas and electricity, who can help you evaluate your options and find you the best deals. These can include choosing a fixed rate tariff rather than a variable one, allowing you to avoid the rising price of fuel and spend your money where it matters instead - on strategies that will add value to your business.

About the Author

The author of this article is a part of a digital blogging team who work with brands like npower. The content contained in this article is for information purposes only and should not be used to make any financial decisions.

 

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