Free banking doesn't exist somebody somewhere picks up the tab, the EU is about to put a £20 yearly charge btw.
I've seen it from both sides. I was an employer till January.
The charges for business banking are pretty obscene, you get charged for EVERYTHING:
Putting money into your account.
Taking money out
Writing cheques.
DD making, amending, cancelling
Eventually, I canned the account and started paying my suppliers in cash...... they didn't like it because they now had to pay the bank fees for putting cash into their accounts.
Plus its an arrestable offence to have more than £1000 cash on you..
ALL of the major accounting software packages have tons of bugs in them.
They just stick disclaimers in them voiding them of any responsibility.
I know because I was an accountant once, I was hauled over the coals a number of times because of it, even got a disciplinary for poor performance.
I quadruple checked and added things up in excel and on paper yet the numbers which came out when entered on the software didn't add up.
Until I started recording my screen and demonstrated that it was the software at fault I was entering my calculations as I had worked them out on excel.
I vindicated myself but the boss had the knives out for me already and used it as an excuse to sack me and outsourced everything to Pakistan as well as getting rid of his 40 other staff.
Its the overheads which kill bricks and mortar book stores.
Commercial rents will set you back at least £1000 a week, a commercial rent in a town in a big shopping centre? £1000 a day is not unheard of.
Then you have business rates ontop of that.
Then utilities.
Then staff/
Then councils short on money will raise the parking charges and extend the hours. Manchester is about £7 an hour to park and you now have to pay from 6am to 9pm.
Ontop of this stores stock bog all, so they say oh we can order it in for you..
Which makes highstreet book shopping (real paper or not) utterly pointless.
It'd be great if we lived in a capitalist society, except we don't live in a capitalist society, we have a system that superficially looks like capitalism, but is more akin to Mussolini's original principles of fascism, where corporations and the state are joined at the hip. I'm sure I don't need to remind everybody of the government assistance and bail outs up and down the economy
Which is intertwined with luddite fallacy, if we had true capitalism, the natural state of things would be deflation. I'm pretty sure petrol was 56p a litre when I started driving.....
But as mentioned in a number of posts, capitalism has an end game, when all the power moves from labour to capital, people have no money to buy anything therefore the reason for the corporates to exist ceases.
Slashdot Mirror
Free banking doesn't exist somebody somewhere picks up the tab, the EU is about to put a £20 yearly charge btw. I've seen it from both sides. I was an employer till January. The charges for business banking are pretty obscene, you get charged for EVERYTHING: Putting money into your account. Taking money out Writing cheques. DD making, amending, cancelling Eventually, I canned the account and started paying my suppliers in cash...... they didn't like it because they now had to pay the bank fees for putting cash into their accounts. Plus its an arrestable offence to have more than £1000 cash on you..
ALL of the major accounting software packages have tons of bugs in them. They just stick disclaimers in them voiding them of any responsibility. I know because I was an accountant once, I was hauled over the coals a number of times because of it, even got a disciplinary for poor performance. I quadruple checked and added things up in excel and on paper yet the numbers which came out when entered on the software didn't add up. Until I started recording my screen and demonstrated that it was the software at fault I was entering my calculations as I had worked them out on excel. I vindicated myself but the boss had the knives out for me already and used it as an excuse to sack me and outsourced everything to Pakistan as well as getting rid of his 40 other staff.
Its the overheads which kill bricks and mortar book stores. Commercial rents will set you back at least £1000 a week, a commercial rent in a town in a big shopping centre? £1000 a day is not unheard of. Then you have business rates ontop of that. Then utilities. Then staff/ Then councils short on money will raise the parking charges and extend the hours. Manchester is about £7 an hour to park and you now have to pay from 6am to 9pm. Ontop of this stores stock bog all, so they say oh we can order it in for you.. Which makes highstreet book shopping (real paper or not) utterly pointless.
It'd be great if we lived in a capitalist society, except we don't live in a capitalist society, we have a system that superficially looks like capitalism, but is more akin to Mussolini's original principles of fascism, where corporations and the state are joined at the hip. I'm sure I don't need to remind everybody of the government assistance and bail outs up and down the economy Which is intertwined with luddite fallacy, if we had true capitalism, the natural state of things would be deflation. I'm pretty sure petrol was 56p a litre when I started driving..... But as mentioned in a number of posts, capitalism has an end game, when all the power moves from labour to capital, people have no money to buy anything therefore the reason for the corporates to exist ceases.