Company finances under control, i.e. where to buy and sell foreign currency

Your company is growing rapidly - and therefore you are thinking about entering foreign markets? Today it is much easier, because you don't need a lot of money - you can take advantage of subsidies. Establishing cooperation with foreign contractors raises the question of, among other things, where to buy and sell foreign currency.

It is natural that an entrepreneur, whose company is growing, is looking for new markets. Entrepreneurs from Poland eagerly sell their goods and services abroad, cooperating with entities from e.g. Germany or Great Britain.

Do you want to cooperate with foreign entrepreneurs? You need to know that you can't do without participation in the fair. On these you can present your company, you can also establish business contacts. What is important, you do not have to cover the costs of such a trip by yourself.

Development of the company? Take advantage of EU grants

You have certainly heard about the EU subsidy. But are you aware of the fact that you can use them while running a business? For example, from the POIR 3.3.3.3 programme you can apply for a grant of up to 85% (maximum PLN 850,000). The received funds may be used, among others, to cover the costs of participation in foreign fairs or to conduct export activities.

Reaching for EU funds you can gain a lot - first of all you can save money. However, you must remember that establishing cooperation with foreign entities requires not only the completion of a number of formalities, but also finding an entity offering foreign currencies at good exchange rates.

Bank or internet exchange office?

Wondering where to buy a foreign currency - at a bank or at an internet exchange office? When running a business, you certainly use the services of banks. However, you need to know that when it comes to currencies, they do not offer favourable exchange rates.

Since the entry into force of the so-called anti-spread act, more and more internet exchange offices have been created on the Internet. It is these entities that offer the lowest spread, and the amount of this, as we know, has a direct impact on the amount of the offered exchange rates. If you need funds for a trip abroad, it is worth to carefully examine the offer of internet exchange offices. Thanks to this you will be able to choose one with which you will be able to cooperate even after establishing business contacts with foreign entities.

What kind of internet exchange office to choose?

Don't have time to get acquainted with the offer of online exchange offices? Because it's all about your money, it's not a coincidence. It is best to start cooperation with an entity with experience and, above all, guaranteeing the safety of the transactions carried out.