Did you know that you need to register your business to be able to partner with another company?

[Fidelia]

I have been approached by a local AI company to partner with them to train AI models that would be able to handle some clothes sewing routines. What is holding that partnership now is the fact that my business is not registered.

Do you know that you can't partner with another company if your business is not registered?

 

[Kross]

A structured business won't want to partner with another business that is not registered. They believe such business as scam and not serious.

 

[eLdavis]

Partnering with an unregistered business is considered risky, so no company would want to go into partnership with a company or brand that is bkt registered.

 

[Trush Jodie]

Without a business getting registered, they don't even exist as a business. It doesn't get involved with anything serious.

 

[Augusta]

Yes, when you have an unregistered businesses it doesn't show you are serious with the business. You need a legal framework for your business

 

[kit_hung]

I have been approached by a local AI company to partner with them to train AI models that would be able to handle some clothes sewing routines. What is holding that partnership now is the fact that my business is not registered.

Do you know that you can't partner with another company if your business is not registered?

The truth is that many companies do not want to deal with air trade. Without registration there is no legal backup, no invoice, no local trust. It is like trying to sell a car without a logbook.

But do not despair, registering a business is not as difficult as it used to be. Go to eCitizen or Huduma Centre, do the process and enter the official game. That is where the big deals start coming in without stress.

 

[Min George]

Yes, when you have an unregistered businesses it doesn't show you are serious with the business. You need a legal framework for your business

People won't even do serious business with you when your business is not registered. They would be scared of dealing with your business.

 

[Augusta]

Yeah as you wouldn't have Limited Liability Protection and you don't have Enhanced Business Credibility