So many people run from this aspect of business either because they are ignorant or the charges for the process of registration, or taxes, other reasons I am yet to discover.
The sure truth is that you need to register your business no matter how small it is now with the Cooperate Affairs Commission in your territory. You may not know the worth but I will highlight some reasons while you should get it registered.
* A registered business gives the owner this sense of responsibility and desire to do more in other to achieve better goals in his business.
* It gives you the chance of getting loans from the bank
* You could open accounts with your business name and have a clear accounts of your in and outflow of cash hence giving you a proper audit of your business’ financial activity.
* Customers feel committed to you because they know you are really serious about your business.
* You could be granted visa to travel anywhere partly because they see you as responsible and won’t have the ability to leave your business fallowed for long for what ever reason.
And I could go on and on……..
S what are you waiting for, enquire how it’s done and get your business registered.
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