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Mastering Business Entry: The B-READY Initiative

The Business Ready (B-READY) initiative by the World Bank, which succeeds the Doing Business report, evaluates business environments to drive reforms. Learn about the initiative.

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Transform Your Business Register with the B-READY White Paper

Download a free white paper and learn about:
▪️ The shift from Doing Business to B-READY and its impact
▪️ Actionable steps to improve business entry with digital solutions
▪️ How a better B-READY ranking can boost economic growth and attract investors

Get Your Free B-READY White Paper Now
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Empowering Registrars

The B-READY Initiative

B-READY, developed by the World Bank Group, is a benchmarking project replacing the Doing Business report. It offers a quantitative assessment of business environments to drive reforms, covering most economies globally. Published annually, B-READY advocates for policy reform and supports private sector growth, aligning with the World Bank Group’s goals of reducing poverty and enhancing prosperity.

The first three editions of the B-READY pilot report will gradually cover 185 economies, with the inaugural edition, featuring insights from 51 jurisdictions, set to launch on October 3, 2024.

Key Takeaways

Why You Need This White Paper

Understand the Shift

Explore the key changes from the Doing Business report to B-READY, and what they mean for you.

Harness Digital Tools

Discover the importance of digital innovation in modernizing business entry processes.

Actionable Insights

Gain practical steps to improve your country’s ranking and boost economic growth.

Transform Your Registry

Download this white paper for guidance on improving your rankings and driving economic progress.

Transform Your Business Register with the B-READY White Paper

Download a free white paper and learn about:
▪️ The shift from Doing Business to B-READY and its impact
▪️ Actionable steps to improve business entry with digital solutions
▪️ How a better B-READY ranking can boost economic growth and attract investors

Get Your Free B-READY White Paper Now
Full Name *
Company Name *
Your Position
Email Address *
Phone *

By clicking Download, you agree to NRD Companies Privacy Policy.

Success Icon

Thank you!

We have sent an email with a download link.

B-READY Self-Assement Online Tool

Assess Performance Across Two Key Areas:

Pillar I – Business Entry Regulations

Evaluate your current legal framework for business registration, including the filing of company information, beneficial ownership disclosures, and any restrictions on domestic or foreign firms.

Start with Pillar I

Pillar II – Digital Public Services

Measure the effectiveness of your digital services, from online registration systems to the transparency and accessibility of information vital to new business startups.

Start with Pillar II

the B-READY Self-Assessment Tool

Why Use This Tool?

This tool gives registrars early insights into their registry’s strengths and weaknesses, providing a proactive way to improve before formal evaluations like the World Bank’s B-READY report.

Please note: While the tool offers valuable insights, it does not replace the official World Bank report.

Why You Need This Tool

Key Benefits:

Preview Critical Insights

Get a head start by reviewing the same questions the private sector will answer, helping you align your services with expectations and improve where necessary.

GxP
Identify Gaps in Service

Discover how the private sector views your services, and refine them based on this valuable feedback.

Actionable Improvement Plan

In just 15 minutes, you’ll receive a detailed report highlighting key areas for enhancement, offering a practical guide for upgrading your services and preparing for upcoming evaluations.

Start with Pillar I: Business Entry Regulations.

Try the Tool Now

Start with Pillar II: Digital Public Services.

Try the Tool Now

Practical Steps for Registrars

What’s Next?

The white paper and tool offers actionable insights and practical steps to drive impactful reforms. Here’s how to turn these insights into meaningful changes within your registry.

Identifying Areas for Improvement

What Can You Do?

As a Registrar, you can significantly impact your country’s business entry processes by:

  • Implementing or enhancing digital solutions to streamline registration and improve user experience.
  • Modernizing public services to ensure they are efficient and responsive to current business needs.
  • Addressing regulatory challenges to create a more business-friendly environment.
  • Clearly communicating reforms to the public and private sector, and ensuring stakeholders are aware of changes and improvements.

Implementing Reforms

Next Steps for Boosting Your B-READY Score

To truly impact your country’s B-READY score, registrars must focus on implementing targeted reforms, supported by innovative technology and effective legal frameworks. However, achieving sustainable improvements requires more than internal changes. Partnering with a trusted expert like NRD Companies can help ensure that your registry evolves with the latest innovations. Our tailored solutions, whether enhancing digital tools or modernizing legal structures, enable you to lead reform efforts with confidence and efficiency.

We Serve Registry Authorities

Our Products:

BUSREG© – Business Registry

E-Registers and E-Services

A modern web-based solution that serves as a platform where businesses/individuals and government meet for customer-centric business registration.

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BOREG© – Beneficial Ownership Register

E-Registers and E-Services

A tool for collecting, processing, storing and publishing adequate, accurate and timely data about the beneficial owners of businesses.

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LIREG© – Business Licensing Solution

E-Registers and E-Services

A compilation of online registration services allowing applicants to apply, pay and receive a license online.

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SECREG© – Secured Transactions Register

E-Registers and E-Services

A tool dedicated to receiving, storing and making accessible to the public information in registered notices with respect to security rights in movable assets.

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CRVS© – Civil Registration and Vital Statistics Management System

E-Registers and E-Services

A civil registration system that protects human rights, provides a unique identity and proof of existence. It is referring to all institutional, legal, and technical settings.

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URP© – Unified Registry Platform

E-Registers and E-Services

The out-of-the-box platform which is constantly developed which we have created to enable Registration Agencies to become Centres of Registries.

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