Mr Site, PayPal and KashFlow announce collaboration to help boost small businesses

Wednesday, 27th May 2009 - For Immediate Release

From today until 12 June 2009, the UKs leading website creation tool, Mr Sites Takeaway Website, will be partnering with PayPal and award-winning accounting application, KashFlow, to provide new businesses with the ultimate money saving start-up package

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Chairman:
The Rt Hon Lord Young of Graffham

Founder & CEO:
Duane Jackson

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Subscribers of the ‘small business bundle’ will receive a refund on their first three months of PayPal transaction fees, whilst Mr Site will be offering the Takeaway Website Pro package at a 35 per cent discount of £64.991. KashFlow are contributing a free three-month trial of their software, combined with an exclusive 25 per cent discount on monthly fees, from £15.99 to £11.99. Existing customers of PayPal, Mr Site and KashFlow will also be given the opportunity to sign-up to part of the package they aren’t currently subscribed to.

As one of the global leaders in online payments, PayPal allows businesses or consumers with an email address to securely, conveniently and cost-effectively send and receive payments online. Accepted on over 150,000 websites across Europe, PayPal now has 22 million accounts in the UK and over 184 million worldwide. It is a fast and secure way for customers to pay online via all major debit and credit cards, online bank transfers and PayPal balance. PayPal offers a range of solutions to suit the size and needs of any business

The Takeaway Website package offers everything needed to get a professionally designed dot com website (e.g. wwwyourbusiness.com) online in less than half an hour. From choosing a domain name to setting up an online shop, users can simply select a professional website design from hundreds of templates and effortlessly customise to make it unique. The software is jargon-free and a seriously easy-to-use tool for anyone setting up their own enterprise.

KashFlow follows the same easy use principles and has been specifically designed for small business owners with little or no accountancy experience; meaning anyone can be up and running within minutes. For any questions or problems, the KashFlow support team offers a fast, friendly and free service to all users.

Stuart Spice, co-founder and director of Mr Site, and Duane Jackson, founder and managing director of KashFlow, also comment: “In today’s financial climate it is more important than ever to support the small business community and this new relationship with PayPal will undoubtedly give a helping hand to any enterprise looking for important money saving options. Having both started out as small businesses ourselves, we are proud to be assisting others on the road to success.”

Cameron Mclean, General Manager of Merchant Services PayPal UK commented: “We currently see that many small businesses are looking to go online but having the right tools at the right price is often a concern for these businesses. We hope this bundle will assist many small businesses in becoming successful online businesses”.

Please visit http://www.mrsite.co.uk/businessbundle for further details.

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About KashFlow

KashFlow is an online tool specifically designed to help owner managers in small businesses manage their accounts. KashFlow’s aim is to take the boredom out of managing a company’s accounts and to make the day to day tasks easier to achieve so that less small businesses neglect this area.

KashFlow keeps accounts management simple: it requires no installation, software training or prior knowledge of accountancy.

All users benefit from a free, no obligation 60-day trial. The monthly subscription price is £15.99 a month - including free support and upgrades.

Contacts

For further editorial information, contact:

Carolyn Gordon-Smith
PR Manager
cgs@cimma.co.uk
01386 859090 / 07710 537 928

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Notes to Editors

In June 2008, KashFlow became the first accounting software package to be certified by PayPal for integration with its payment platform. PayPal and KashFlow now work in partnership to provide a seamless, end-to-end, payment processing and accounting system.

In October 2008 KashFlow won a Business Software Satisfaction award, judged entirely by customer feedback, for the category of small business accounting - beating the likes of Sage 50, Quickbooks Pro and MYOB. Statistics revealed by the awards organisers show that KashFlow has a 70% share of the web-based accounting software market in the UK.

KashFlow has received two rounds of venture capital funding from their now chairman, Lord Young of Graffham. Lord Young is a former Secretary of State for Trade & Industry and ex Chairman of Cable and Wireless

KashFlow is simple to operate, with users instinctively knowing where to click to perform almost any accountancy task

Owner managers are able to effectively manage their accounts with no need for software training or prior knowledge of accountancy

KashFlow has been featured in the likes of the Financial Times, Daily Mail, The Daily Telegraph, The Mail on Sunday, BBC Radio and all the leading accounting titles.

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