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Wherever you are on your business journey, our dedicated Business Bankers can help. Find out more and enquire today!
Speak to a Business Banker

    What is a sole trader?

    A sole trader is an individual running a business. It is the simplest and cheapest business structure. If you operate your business as a sole trader, you are the only owner and you control and manage the business. You are legally responsible for all aspects of the business. To get started with your business account, follow the steps below.

      Step 1. Setting up your business membership

      Do you have a personal membership with People's Choice? Yes – Great! Proceed to the next steps below. No – You need to be a personal member for a minimum of 12 months to apply for a business membership.

      Step 2. Get a head start with your business account

      Download and fill in a membership application form for sole traders. To get a head start on your business account, have these forms handy when you get in touch with us.

      • Sole trader application

        To get a head start, simply click the link below to download and fill in the form and have it with you when you visit a branch.
        Sole trader application

      • ABN

        We'll also need your Australian Business Number (ABN).  ABN not to hand? Look it up on the Australian Business Register.
        Australian Business Register

      Step 3. Finalise your business account

      If you have already completed the application form above, please bring this with you when you pop into one of our branches to open your business membership.

      • Locate us

        Find a Home Loan Adviser, Business Banker, cashless Lending & Advice Centre, or branch near you.

      Need some help? We've got you covered.

      You can enquire about business banking online, over the phone or by visiting your nearest branch.