Banks are really funny when it comes to such issues, depending on the bank they might tell you to stop using it for business, check your terms and conditions. If your clients pay you by direct debit you are okay, cheques might be a problem if they are made out in the company name as the bank will not let you deposit them into your account.
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Cables-Adapters-Accessories
http://www.shopforcomponents.com

(1) Yes
(2) yes
(3) HSBC do an adverse account, although you need to be persistent as a lot of the staff don't know about it. There should NEVER be a fee for applying for a bank account, although lots of companies seem to charge you to simply send you an application form they have obtained from the bank FOC......make of that what you will.

Generally speaking you would do very well to tidy up your old credit problems (ie ensuring all CCJ's are paid off etc and that you have no personal debt) BEFORE you commence on a new venture of any size. Personal debt and a new business don't tend to work out too well - business tend to be very hungry beasts to feed in the early days and if you have already used up all your borrowing angles you are starting with one hand tied behind your back.

Also think long and hard about franchises, many really are a waste of time and the companies involved make more money selling you the franchise than they do if you make a profit out of it! How much would it cost you to simply set up the same business without the franchise? If you need training - often the best thing to do is to simply work in the industry as an employee and get paid for it, rather than having to pay out for your training.

Hope that helps

Regards,
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James Smith
Chartered Accountant
www.jamesesmith.co.uk

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Your indispensable guide to Small Business Bookkeeping, Self-Assessment & VAT