What if your business is earning a cash surplus every month? What would you do? Many small-business owners don’t do anything. They leave it in their current account, earning little or no interest. Some do nothing because they’re busy with other business priorities. Others don’t do anything because they don’t realise they have other options. As a small business owner, you can invest cash and potentially receive far higher returns, making you and your business wealthier.
In this episode, we’re joined by Wander Rutgers, UK CEO of low-fee investing platform Lightyear to explore how you can get far better returns by investing the cash generated by your small business.
How to put your hard-earned business cash to work – show notes
Investing your money
About our sponsor Lightyear
Life as a business owner can be unpredictable. You need a cash flow cushion for any bumps in the road. But, this doesn’t mean you need to leave your cash languishing in low interest accounts.
Instead, you can earn a daily, variable rate of 4.6% AER with Lightyear’s business accounts. Lightyear makes this possible by giving small businesses like yours, a solution traditionally reserved for the big corporates: money market funds, managed by the world’s largest asset manager, BlackRock. These are low risk investments, usually only accessible with a minimum deposit of £5 million pounds. With Lightyear, you can access them with no minimum deposit criteria.
There are no fees to open, bank transfer into, withdraw from, or maintain your business account, and your money is always easily accessible.
You work hard for your income as a business owner. Lightyear lets your income work hard for you. So, rather than spending weeks trying to open an account with low rates and high fees, open a Lightyear business account in one day, and start putting your money to work.
Whether you choose to manage your company cash on Lightyear’s slick app, or the web platform, the interest you earn could mean you can hire that new employee, or take that holiday you know you deserve.
Visit lightyear.com/donut to find out more, or set up your account in just a few taps. And remember, when you invest, your capital is at risk.
About our expert Wander Rutgers
Wander Rutgers is UK CEO of low-fee investing platform Lightyear.
Find Wander Rutgers on LinkedIn
What next?
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