Industry sector: Business services

IFA: Telecommunications

Good communication is a vital aspect of running a successful IFA practice.

Your business will need one or more telephone lines to handle enquiries. Internet access and an email address are essential, and a business website is a good way of promoting your services.

The telephone company will bill you every month or quarter for the calls you have made, often plus an amount for the line rental for the next quarter.

Many different internet service providers (ISPs) offer internet connections and email accounts. Shop around to find out what the best deal for you would be.

You will probably need business mobile phones as well as land lines. Again, there are many different deals available offering different options and payment plans to the user.

Various packages and discount structures are available to business users, which can help to reduce telecommunications costs. Contact your telephone company's customer services department for details.