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For your first business steps
A new business is born
To bring your idea to life, your business needs to acquire legal status. Consider whether it is better for you to own a sole proprietorship, General Partnership (OE), Limited Liability Company (LTD), Limited Partnership (EE), Private Company (PC) or Société Anonyme (SA). Each form has different advantages. Contact accountants or tax consultants to find out the differences and choose the form that best meets your needs.
Once your business has been founded, you’ll also need a business account. Before choosing your main bank, check out the solutions they offer and how streamlined the processes are. You can open a new account with Alpha Bank even online, and get digital banking credentials and a debit card right away.
Through a structured approach and access to financing
Strategy and business plan
To achieve success, you need to be strategic and organised. Draft a business plan outlining:
- Your goals, both short- and long-term.
- Your target audience.
- The intricacies of your sector and how you stand out.
- The startup costs required.
- Your expected revenue and the timeframe to recoup your investment
- Your operating expenses.
We stand by you every step of the way with banking advisory. We build your business profile together, analyse the market and recommend solutions that lead to progress on your journey.
Financing and liquidity
Need special equipment or costly works before you start? How are you going to cover running expenses until you start collecting?
You may cover the initial cost in full or in part with own funds. Alternatively, you can contact a bank to get:
You may also check whether you meet the conditions for development programmes that promote entrepreneurship.
With the right business plan it is easy to determine your needs and the way to repay any loan.
By ensuring smooth daily operations
Keep track wherever you are
Make the most of the online tools offered by banks to have control over your finances from your place of business or anywhere else.
Through our digital banking, you can carry out secure transactions, get products online and stay updated from your computer or mobile.
Organisation based on your needs
Depending on the nature of your business, you need to choose the right tools to organise your payment collections, such as:
- POS terminals to accept card payments.
- IRIS payments for direct money transfers from a mobile.
- Cash management solutions if you receive many payments in cash.
We are here for you with a comprehensive range of products and services for payment collections, and help you choose those best suited to your business.
Ease and flexibility
Keeping track of and promptly settling obligations to the state, partners, suppliers and other creditors is key to a company’s progress.
We help you put your obligations in order, with solutions and tools for payments and transfers that allow you to carry out one-off or bulk transactions online and pay your staff payroll in a flash.
You can also make your daily transactions easier by using business cards.
Protect whatever matters
Keep your business safe from the start. Unexpected things may always happen. This is why it is best to be prepared.
Depending on your business, you may need different types of insurance, such as insurance for your equipment, facilities and staff, or civil liability insurance.
You may also take out trade credit insurance to ensure repayment of your receivables and protect the cash flow of your business.
We offer different business insurance plans to choose the one best suited to your business.
Your starting pack
New to Alpha Bank?
