The best part of being a freelancer is the freedom. You choose when, where and how you work. The worst part? The admin.
When you’re running your own business, every hour is accountable. You can’t charge half a day spent sorting out receipts to anyone else. Whether you’re a sole trader, a side hustler or a small business owner, managing your admin is a job in itself. And there’s nothing creatively rewarding about chasing invoices.
A recent survey found that nearly 90% of small business failures are down to cash flow issues. The good news for everyone running their own show is that ANNA Money was designed with you in mind. ANNA combines a business account with an in-app assistant to make managing your money – and your admin – a doddle.
If you’ve got your hands full managing your own business, here’s how ANNA could help.
Handover your everyday admin
ANNA is powered by AI technology, which means our app is like having a PA in your pocket. Start chatting to ANNA and we’ll help you create a bespoke invoice template, and then send out your invoices as soon as the work is done. Or cc us on an email to your client, and we can grab the details from there to make your invoice. ANNA even politely chases invoices on your behalf, so you can get on with more important things.
ANNA helps keep track of your outgoings as well as your incomings – if you’ve got a bill sitting in your inbox, just forward it to us and we’ll set up a payment. Are your receipts mounting up? Take a quick photo of them, and ANNA will sort out your business expenses so everything’s in order ready for your tax return.
Having an AI assistant like ANNA means you can stay on top of your business admin whenever and wherever suits you. Who says admin can’t be as mobile as banking? Off you go.
Never miss a deadline
Managing your own income tax requirements can be stressful and time-consuming. ANNA can help you set up regular tax reminders, so you never miss a payment deadline. ANNA also estimates your tax as you earn and spend, so there’s no nasty surprises at the end of the year.
A plan as flexible as you
Building a successful business is all about adapting as you grow. So we decided to design a payment plan that flexes with your turnover. After all, we’re here to support small businesses, and we know from personal experience how tricky starting out on your own can be. That’s why ANNA is free for the first 3 months, so you can get to know us and decide if ANNA is right for your business.
After that, you’ll move to our flexible payment plan. If you use your ANNA account more, you’ll pay a little more. When things are slow, your plan cuts you some slack. If you’re running a limited company and your monthly turnover is over £2,000, your ANNA plan fee will be £11 per month. If it’s under £2000, you’ll pay just £5. And if you don’t use your account in one month, we’ll waive your monthly fee.
If you’re a sole trader, you’ll pay just £5 a month for your ANNA account and all the admin support that comes with it. And if you don’t use your account one month, you’ll pay nothing. The smart thing about our payment plan? You don’t need to do anything – your fee will be automatically calculated based on your ANNA account activity each month.
The only debit card that miaows
ANNA business accounts come with a Mastercard® business debit card, an account number and sort code. Every time you make a contactless payment with your ANNA debit card, the app will make like a cat and miaow. Because why not?
The future of freelance banking
Just like you, we’ve got loads of plans for the future. We’re working on improvements to ANNA all the time, so we can offer even more support to freelancers and small businesses. For example, soon you’ll be able to tag all your business payments to make calculating your VAT a breeze.
Try ANNA for free
If you think ANNA could help you manage your business, you can try our app free for the first 6 months. Got your ID and business details to hand? Then you can open an account in under 3 minutes. Try it today.