Get advice on how to draft a business plan, how to register a new business and what you would need to open a franchise business. Plus, apply for a business account online and insure your new company.



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Starting a business. Start small. Think big.

Starting a business

We have put together some useful information to make starting a business easy – from tips on how to draft a simple business plan to banking services you can use to run your new business effectively.

  • Business plan, Day 1 checklist and financial ratios

    A business plan is essential for every entrepreneur and is the mainstay to the success of a business. It's a roadmap of how a particular business wants to achieve its goals and should include its operational, financial and marketing strategies.

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    Download business plan template

    Are you ready to open your doors on day one of your business? There are many steps to take before you can start this new venture in your life. Let us help and guide you with one of the biggest decisions of your life.

    Download Day 1 checklist

    To be successful in business you need to understand financial ratios and how to interpret them. This will give you valuable information about the performance of your business and to benchmark yourself against your peers in the industry in which you operate.

    Download financial ratios

  • Consider business tax

    It is very important to understand the tax implications associated with a specific entity type in which you want to trade in. Once you understand this you can register your business.

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  • Register your business

    Once you have decided on the entity type you need to register your business. You can visit the BizPortal of the Companies and Intellectual Property Commission (CIPC) to complete the process.

    Register your business

  • Open a business evolve account

    Streamline your business banking with our Business Evolve account. Business Evolve is a hassle-free business current account that evolves as your business grows, with packages and account types to suit your business needs.

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  • Business tools and advice

    As a new business owner it is important to have relevant information about the sector you operate in, as well as the tools and advice that can help you to be successful from day one of trade and beyond.  

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Explore business insurance options we offer

Starting a business

We offer a range of business insurance products. Speak to our specialists today about the insurance that your business needs.

  • Directors and officers liability

    • Directors and officers liability insurance provides protection for directors and officers of a company for claims arising from allegations of wrong-doing committed while performing their roles
    • Since directors and officers can be held personally liable for any acts of the business, it is advisable that they will request to be protected rather than put their personal assets at risk
    • Section 78 (3) of the South African Companies Act makes provision for directors and officers of a company to be protected against such claims through directors and officers liability insurance
  • Public Liability

    Public liability insurance covers you and your business against claims of personal injury or damage to property that a third party suffers as a result of your business activities. 

  • Buy-and-sell agreements

    If you are in a partnership it’s advisable you sign a buy-and-sell agreement with your business co-owners. A buy-and-sell agreement has the following benefits:

    • Gives you, in the event of your death or disability, leeway to sell your shares in the business to your partners
    • Allows each partner to take out life or disability cover on the other partners’ lives which pays out on their death or when they become disabled
    • Protects your investment in the business
  • Comprehensive business insurance

    We offer a range of insurance products to protect your business against the unforeseen.  

    View insurance products

Need more help?

Let one of our consultants assist you.

Contact your relationship executive.

Call us on: 0800 227 592.