The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> Professional Book-keepers in Practice -> Money Laundering & client evidence
Post Info TOPIC: Money Laundering & client evidence
Terri


Senior Member

Status: Offline
Posts: 411
Date:
Money Laundering & client evidence
Permalink Closed

If you take on a client who runs six or seven different businesses at different addresses, would you need proof of the address for each business or could you just obtain proof for the main trading address.  I am thinking that I would need proof for each business, plus for each owner but just wanted to double check

Thank you

Terri


__________________

Terri Homyard AICB CB. Cert PM. Dip

A1 Bookkeeping & Payroll Services

www.a1-bookkeeping.co.uk
farmergiles


Veteran Member

Status: Offline
Posts: 96
Date:
Permalink Closed

Hi Terri,

I think I would want to ensure that each business was legit so would want proof of each address. Are these Ltd or sole traders?
If they are sole traders then you only need one proof of address for the owner.
Are each of the businesses registered separately at HMRC and which address are they registered at?
If they are 7 independant businesses then be careful if there is any inter-business trading.

__________________
Terri


Senior Member

Status: Offline
Posts: 411
Date:
Permalink Closed

They are a limited company but there are six or seven different shops, four are under the same name but then there are two or three that are a different kind of shop and so have different names. I will ask for a proof of address for each one. Thanks

Terri

__________________

Terri Homyard AICB CB. Cert PM. Dip

A1 Bookkeeping & Payroll Services

www.a1-bookkeeping.co.uk
farmergiles


Veteran Member

Status: Offline
Posts: 96
Date:
Permalink Closed

Is this another new client? If so, well done.

__________________
Terri


Senior Member

Status: Offline
Posts: 411
Date:
Permalink Closed

Thank you, yes I met with them yesterday. Their bookkeeper leaves in a few weeks so I will be taking over then.

Terri

__________________

Terri Homyard AICB CB. Cert PM. Dip

A1 Bookkeeping & Payroll Services

www.a1-bookkeeping.co.uk
Alison


Senior Member

Status: Offline
Posts: 357
Date:
Permalink Closed

Hi Terri

Well done on the new client. Was it sending out leaflets that got you the new client? or your website?

Alison

__________________
Terri


Senior Member

Status: Offline
Posts: 411
Date:
Permalink Closed

Thanks Alison, I sent out 200 flyers to local businesses and this business was one of them

Terri

__________________

Terri Homyard AICB CB. Cert PM. Dip

A1 Bookkeeping & Payroll Services

www.a1-bookkeeping.co.uk
farmergiles


Veteran Member

Status: Offline
Posts: 96
Date:
Permalink Closed

Terri wrote:

Thank you, yes I met with them yesterday. Their bookkeeper leaves in a few weeks so I will be taking over then.

Terri


Way to go, girl......yay!!!

 



__________________
Terri


Senior Member

Status: Offline
Posts: 411
Date:
Permalink Closed

Thanks, it's been a great confidence boost smile.gif

__________________

Terri Homyard AICB CB. Cert PM. Dip

A1 Bookkeeping & Payroll Services

www.a1-bookkeeping.co.uk
Alison


Senior Member

Status: Offline
Posts: 357
Date:
Permalink Closed

Maybe it does pay to send out flyers then. I got disheartened when I sent loads out, costing money and time and got no response whatsoever. Maybe perserverance pays off in the end or it is just sending flyer to the right business at the right time.

Well done.

Alison



__________________
Terri


Senior Member

Status: Offline
Posts: 411
Date:
Permalink Closed

The mailer cost me about £80 in paper, stamps, envelopes, business cards etc, and like I said, I sent out 200 flyers, to new businesses in the area so it took a few hours, but it has paid off for me this time, although other than this one contact, not had any other queries so I'm not sure if I would do it again, still debating at the moment whether to have another go.

I know that some people on here say to follow up with phone calls but I don't think it will help in my case. If they are new businesses and they have my details, then if they wanted my services, surely they would call and at least enquire about my price. I am a new business myself and I must admit, I get at least 10 cold calls a week for advertising opportunities (had one this morning), charity sponsoring, stationery printers etc and I get sick of the calls so I don't think that I would get a positive response from calling them afterwards, plus its more money paying out in calls.

If I was targeting established businesses, then I might have a go at making some calls.

Terri

__________________

Terri Homyard AICB CB. Cert PM. Dip

A1 Bookkeeping & Payroll Services

www.a1-bookkeeping.co.uk
Alison


Senior Member

Status: Offline
Posts: 357
Date:
Permalink Closed

Hi Terri

I agree with you about the telephone calls, if you phone a new business and they are busy it can get their back up a bit, if you leave it for when they are not busy to contact you would say it is better situation.

Would say it takes a confident person to be able to cold call. I certainly could not do it.

Alison

__________________
Terri


Senior Member

Status: Offline
Posts: 411
Date:
Permalink Closed

I totally agree that you would have to be confident and thick skinned, if I did it and two or three people were rude to me, it would put me off doing it again. I am more a bookkeeper than a sales person which is why I went into this job in the first place.

Terri

__________________

Terri Homyard AICB CB. Cert PM. Dip

A1 Bookkeeping & Payroll Services

www.a1-bookkeeping.co.uk
Denise


Senior Member

Status: Offline
Posts: 142
Date:
Permalink Closed

Well done Terri, that's great news.

I would say that one client out of 200 flyers is a really good result and worth the £80 it cost you, especially if they are going to be a regular client and it sounds like you will get plenty of work from them so you will soon recover the £80.

Agree about the cold calling, that is something I am not confident enough to do especially as I know how much it annoys me when people cold call me.

Here's to lots more clients for everyone!!



__________________
Denise
www.niftynumbers.co.uk
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> Professional Book-keepers in Practice -> Money Laundering & client evidence
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About