The income generated from your practice is hard-earned – a joint effort from the business leaders, administrators and the wider team. But if you’re getting interest on your business account balance that’s below the rate of inflation, it’s not working very hard for you.
With this in mind, it might be worth considering other options for your business funds, such as commercial investments. Iain Stevenson explains how and when this might be suitable for your business…
Please note this video is for information purposes only and shouldn’t be taken as financial advice.
Keep in mind that the value of your investments can go down as well as up, and you may get back less than you put in.