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Experts tip entrepreneurs on formalising businesses

Published on November 02, 2016

Business experts have urged budding entrepreneurs to register their businesses, a move they say will enable them access external funding.

Mr Badru Ntege, chief executive officer NFT Consult, said when a business is registered, it is easy to receive finance from government or other organisations as opposed to one operating informally.

“Some funds require a company to be registered but some of us do not keep a company registered for a year or two, if it is registered, you are not paying taxes so there is inconsistence,” he said at the launch of the Global Entrepreneurship Week in Kampala last week. Read more. Source | Daily Monitor