3 Steps to Setting Up your General Supplies Company
How to Set Up your General Supplies Company
Once your general supplies company has been registered, you will need to set up the necessary structures to enable you to do business. You need to set up you bank account, set up an office, and register with other professional organisations like Kenya Institute of Supplies Management.
You need to do a little research to find out the bank that offers the best credit terms against a purchase LPO or tender award letters. Some banks have lower interests rates than others while some offer higher credit for tenders. This will be important since in most tender documents, you may need to show a letter of credit guarantee from a reputable bank.
You need to do a little research to find out the bank that offers the best credit terms against a purchase LPO or tender award letters. Some banks have lower interests rates than others while some offer higher credit for tenders. This will be important since in most tender documents, you may need to show a letter of credit guarantee from a reputable bank.
Read more on how to Incorporate a Company in Kenya
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