Welcome to Our Community

Wanting to join the rest of our members? Feel free to sign up today.

Sign Up

Poll on where you keep your business funds

Discussion in 'General Forum' started by patrickvinquo, Mar 26, 2021.

?

For your business, where do you keep your funds?

  1. Chequing account

  2. Savings account

  3. Timed deposit

  4. Traditional investments (stocks, bonds)

  5. Other

Multiple votes are allowed.
Results are only viewable after voting.
  1. patrickvinquo

    patrickvinquo New Member

    Hi FreelanceUK people - I'm conducting a quick poll to better understand where freelancers keep their business funds. Your time is much appreciated!
     
    Last edited: Mar 26, 2021
    Melissa Andrews likes this.
  2. Naheed Mir

    Naheed Mir Member

    Hello,

    Well, I kept my freelancing fund always in my business account. I always
    kept my business account separate from my personal account. Moreover,
    I draw my monthly salary from my freelancing account too.
     
  3. Anyonesss

    Anyonesss New Member

    I never tried to save money, I wanted to invest it, but more often than not, I resorted to borrowed capital from other investment funds programs. In a post-quarantine crisis, a sustainable and scalable business will have a better chance of attracting financing. I want to analyze switching costs, sources of regular income, cost structure, and investor focus on strengths. As a long-term goal, develop a go-to-market strategy. Even though this is not the best time to introduce new products to the market, both the business owner and the entire management team should be ready to launch new projects. Otherwise, the company will not be attractive to an investor.
     
    Last edited: Sep 22, 2021
  4. Gramneuk

    Gramneuk New Member

    I see no reason to use a separate bitcoin wallet. It's even inconvenient for me, because my funds are constantly in circulation. I trade on the exchange and keep my bitcoins there, so far there have been no problems.
     
    Last edited: Oct 3, 2021
  5. DorianGray

    DorianGray New Member

    This is really a very good question! I always keep part of my money in the bank at interest, and I don't spend this money at all. In fact, this is my pension, which will be waiting for me for a long time accumulating additional interest by my old age
     
  6. MrSmith

    MrSmith New Member

    Crypto... Almost 5 years
     
    Adeba Smith likes this.
  7. Adeba Smith

    Adeba Smith New Member

    Same here. It is strange that in such an important topic there are so few answers. Taking into account that there are such a big amount of financial threats around I guess it would be really great if some experienced people shared their opinions here.
     
    Last edited: Jul 19, 2023
  8. Chester

    Chester New Member

    When it comes to keeping your business funds, it's important to have a secure and reliable solution. One option is to consider using a platform like BeatMarket. BeatMarket not only helps you track the effectiveness of your investment decisions and compare returns versus a benchmark, but it also allows you to control transactions, evaluate results, and monitor your portfolio. With its user-friendly interface, complex metrics, and useful analytics, BeatMarket provides a comprehensive solution for managing your business funds. What's more, it ensures your privacy by not storing any credit card or personal information.
     
    Last edited: Jun 14, 2023

Share This Page