Being your own boss is the most interesting thing everyone wants but this initiative comes with challenges such as mobilizing resources to kick start your business. Fortunately there are institutions with a vast experience and expertise to assist you to bring your business into motion.
Standard Bank is one such institution that can assist you with a BizLaunch account, a financial facility designed to help your business idea. To qualify for this product, you should ask yourself the following questions:
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Do I qualify for a BizLaunch account?: You qualify for a BizLaunch account if you are one of the following:
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An entity, sole proprietor or informal body formed with the intention to do business and generate a turnover
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A start up business with no other business accounts
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Run an existing business less than 12 months old
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A business trading and using your personal account to transact
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Why do I need a BizLaunch account?: BizLaunch account assists you to keep correct banking records, produces statement for easy reference and assists you to build up a banking relationship and credit risk profile. A Standard Bank’s business account is simple to manage, it enables you to transact in the way that is most convenient for you, from traditional branch banking to using their advanced electronic services.
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What does BizLaunch
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Access to all your banking channels
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Do your banking on the internet, by telephone, cell phone and at their Autobank centers
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Pay for business purchases at merchants displaying the VISA sign. You are able to manage the monthly limits on the cards
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Gives you access to VISA premium business benefits
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Signing up for a Standard Bank BizLaunch account offers you the following benefits:
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You can deposit and withdraw money whenever required
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Electronic banking facilities enable you to have access to your bank accounts 24-hours a day
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Money is easily transferable to other Standard Bank branches and other banks
For more information regarding this product speak to a business banker on 0860 109 075 or alternatively send an email to bizdirect@standardbank.co.za.