Quote:
Originally Posted by FTE217
what makes me feel good I've never had an account  |
I really wish that I was in the same boat as you financially but unfortunately, if your business grows to the extent that your savings can no longer pay for materials etc as you go from one job to another or you take on much larger projects, it's inevitable. My accountant once got quite angry with me because I was paying for everything along the way with my own money. He said that having an account and paying it off when required was basically an interest freel loan.
One the other side of the coin, you need to have a good credit rating to get an account but you need to have accounts and pay them on time to get a good credit rating.
