ANZ supports start-ups with new platform

ANZ has collaborated with a business software provider to launch an online platform that enables customers to set up their own business in just one day.

“Business Ready”, powered by Honcho, allows ANZ customers to register their ABN, business and domain names, and set up a simple website, email addresses and ANZ business bank accounts without having to use multiple websites and suppliers.

“Each year in Australia around 300,000 small businesses are set up, and one of the biggest frustrations our customers have is it takes weeks to get started and they often don’t know what steps to take next,” Mark Hand, ANZ’s managing director of corporate and commercial banking, said.

“This tool is a simple, efficient and cost-effective solution that guides customers through the process.

“Combined with our $2 billion dollar pledge for new small businesses and discounted banking packages, our Business Ready initiative is another way ANZ is providing ongoing support from the start-up phase through to the growth phase and beyond.”

Honcho CEO Matthew Abrahams said the company chose to work with ANZ because of its commitment to small businesses and its shared goal of making life easier for small business owners.

“The single biggest issue that new small businesses face is time. Being able to fast-track starting up a business from weeks to hours with only a small capital outlay enables people to start earning revenue faster and to concentrate on building their customer base,” he said.

[Related: Small businesses demand a fair go for reform]

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