Business Strategy

Selling on Bol.com

By Boloo Redactie6 min read
Selling on Bol.com

Selling on bol.com and a business account: how does it work?

Do you want to start selling on bol.com or are you already doing it? Smart move! An online business on bol.com has many advantages. But how does it work with creating a business sales account? Do you need a business bank account for that? In this article, you'll read all about selling on bol.com and a business account!

Do you need a business account to sell on bol.com?

To run your online business on bol.com, you need a KvK registration and a BTW number. You can arrange both when you visit the Chamber of Commerce and make your business official!

Selling on bol.com and a business account, is it really necessary? No. A business account is not required to run your online business on bol.com. But if you take your business seriously and aim for success, opening a business account is highly recommended.

No stress! You can start without a business account. The good news: creating a new (business) bank account is no longer a hassle. Opening a business account number for your bol.com store is easy!

What are the pros and cons of a business account?

The benefits of a business account for your bol.com store:

  • Clear overview - As a starting entrepreneur, it's already a lot: administration, accounting, and tax returns. Without a business account, you'll also get unclear bank statements. With a business account, you have a clear overview of your business expenses and revenue.
  • Mindset - Be honest, doesn't a business account feel kind of cool? When you take yourself and your business seriously, a business account is a must. Being the account holder of a business account makes you feel more serious as an entrepreneur. And with that mindset, you'll make big leaps faster than someone with a small business.
  • Professional - Although your business account is not visible on bol.com, it's professional for your business relationships and possibly your own webshop in the future. If you use a personal account, people might wonder how professional or trustworthy your business is. A good reason to go for a business account!

The cons of a business account for your bol.com store:

  • Costs - Choosing a business account as a bol.com seller has one disadvantage: it comes with costs. These costs are relative, and once you start generating revenue with your bol.com store, it's not a big deal. However, it's essential to consider the extra costs of around €7 to €15 per month. These costs can vary significantly per bank, so look into it beforehand!

How do you create a business account?

Selling on bol.com and a business account: how do you create that account?

First, it's crucial to determine which bank you want to use for your business account. A popular bank among starting entrepreneurs is Knab. The advantage of this online bank, apart from the relatively low costs, is that you can easily register online, and it won't take much time and effort. Knab's customer service is also quick and good.

Of course, there are other banks with different terms and benefits. Take your time to explore and choose the right bank for your business.

First, register your company with the KvK

An important requirement for your business account and creating a bol.com sales account is that you have a KvK registration and a BTW number. This is step one. After that, you can start applying for the business account. As described above, you can often arrange this completely online.

Before you know it, you'll be ready to scale your bol.com store into a profitable business!

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