“A bank is not just about management of accounts, financial transactions and loans. We want customers to come to us and receive a comprehensive service, business assistance,” Serhii Pavlenko, Senior Manager for Development of Business Banking at Raiffeisen Bank Aval, says. “That’s why we are developing an ecosystem geared to meet the needs of small and micro businesses.”

Entrepreneurs often need a motor vehicle for their business operations. Can they pay for the purchase of automobile from a business account? Would that be reflected in the entrepreneur’s accounting? We shall try to answer these and other questions.

In an effort to increase business profitability, entrepreneurs are looking for new areas of activity. What is important, they must necessarily be recorded in the form of KVED.

The opportunities and needs in a business, especially a small one, occur suddenly and seemingly out of the blue. But unfortunately, an entrepreneur does not always have enough money “in the pocket” to take care of some urgent matter. Unless he has a business credit card in that very “pocket”. Serhii Orel, Manager for Development of Credit Cards at Raiffeisen Bank Aval, tells us about this very convenient financial instrument.

Vitaliy Shakalo from the Kherson region was engaged in traditional vegetable and berry crops, but he was the first in Ukraine to risk growing saffron. How is the saffron business done?

During quarantine, inspections by control authorities were significantly limited, so some employers who were able to work used the labor of undocumented workers.

Farmers season after season are looking for new ways to optimize their costs. To meet their needs, banks and suppliers are working to develop new programs.

One of the channels for obtaining funds to open or expand a business is grants. Where to look for them, how to write a quality grant application and get funding - in the article.