why is it important to register your business?

[Kingsley]

Registering a business comes with alot of advantage, first the business will be seen as a legal entity and as a separate entity which can be sued or sue, registering a business opens the business for opportunities such as loan from organizations such as banks and the government and private individuals. Because the economy will recognize the business as a social benefit because it will contribute to the tax strength of the country.

Post automatically merged: Jan 31, 2021

Registering a business comes with alot of advantage, first the business will be seen as a legal entity and as a separate entity which can be sued or sue, registering a business opens the business for opportunities such as loan from organizations such as banks and the government and private individuals. Because the economy will recognize the business as a social benefit because it will contribute to the tax strength of the country.

 

[Senator]

When planning for a business, it's important one do a proper registration of his business too. It has so many advantages. Firstly, you can loan money from banks or any organization using your business name, you can open an account with your business name. Let's discuss...

To register your business is the right thing to do. If gives you a better standing when it comes to contract awarding, it builds confidence with contractor knowing that the business is registered, has a traceable address with its board of directors known to the public. Unregistered business has a limit it can operate financially and if shows how ready you are to move forward.

 

[Mandypaul]

Registering your business can help a lot of people to have more confidence in you and this can actually improve your business status and he can help you avoid unnecessary problem with the government as you will be recognised as a government approve organisation.

 

[Lyrrex]

Registering a business is a very important and nice step to take when involve in a business,although there are some businesses that doesn't require registration. Business registration helps a business gain good stand and I think there is much more opportunities to it also.

 

[Mika]

The business registration has two purposes, one you will have a legal basis to do the business, two, you can gain trust from your customers just because you are registered. You need a legal backup for the business, if you have not registered your business, the government can anytime ban your business.

 

[Felixko]

Registering is a very important thing to as a business man . it is very important to register any kind of business you want to with because if you register it makes it to be officially known, it is also brought out for people during registration ,it also makes customers to trust the business therefore bring interested to joined in purchasing. It also prevent fake products.

 

[Mandypaul]

if you register your business you will be recognised officially by the government and everybody and this can actually improve your business because a lot of people willl do business with you and you may not enter into the trouble by the government for operating an illegal company.

Post automatically merged: Jan 31, 2021

if you register your business you will be recognised officially by the government and everybody and this can actually improve your business because a lot of people willl do business with you and you may not enter into the trouble by the government for operating an illegal company.

Post automatically merged: Jan 31, 2021

if you register your business you will be recognised officially by the government and everybody and this can actually improve your business because a lot of people willl do business with you and you may not enter into the trouble by the government for operating an illegal company.

 

[Diamond07]

When you register your business, it adds more value to your business and people can trust such business. Registering your company gives you the ability to borrow and incur debt but more importantly, sell shares and raise equity capital.

 

[Robrown83]

To start any.business you have to register the name of the business because it will increase the value of the business, Incase you have any problem with any difficult customer that involve law enforcement agency the registration of your business will help you a lot for the matter,

 

[Kelly5]

It is very important the rest are the business nowadays in the government, in my country Nigeria at times there is some benefit and some special offers government renders for business owners.

It is so so important to register your business for a lot reasons. Your business or your Enterprise stands a chance to be listened to by a fellow business because it is been addressed as a business not an individual

 

[Judee201]

5There is a certain pride that comes with the identity of your own business. It’s no longer that big idea you’ve had in your head all these years. It’s now a real thing that legally exists; with its own name and address. Some people choose their business names on emotional grounds (like their father, mother, wife or child’s name or even their own name). Some other people prefer to choose names that inspire while some other will go with names they want to potray good qualities about the business. Whatever name you choose, and for whatever reason, is totally up to you.

 

[Noor khan]

When planning for a business, it's important one do a proper registration of his business too. It has so many advantages. Firstly, you can loan money from banks or any organization using your business name, you can open an account with your business name. Let's discuss...

I think it is very important to register a business before starting because it be beneficial for better business as well effectively secure bussines
The most essential reason why you mustRegister your business is that government might announce a grant offer for businesses and it's only registered Business they do consider first before any type of business or investment. Secondly is that if your business is registered its going to be easy for more Investors to invest in your business.

 

[Peppul]

Well I have met lot of entrepreneurs who forgo registering their business, the reason vary. Probably it is too time consuming to register a business. Meanwhile others are just waiting for their profits to become stable before registering, ironically it is hard to grow a business if you are operating illegally. However, on the other hand, becoming legitimized has many advantages.
1. Helps you avoid legal problems with the government.
2. Secures your reputation as a legitimate business.
3. Builds trust among suppliers, customers and employees.
4. Allows you to fully market your brand and business everywhere.
5. Open opportunities to do business transactions with large companies.

 

[Noor khan]

When you register your business, it adds more value to your business and people can trust such business. Registering your company gives you the ability to borrow and incur debt but more importantly, sell shares and raise equity capital.

Yes registration of any business is important for securing business this is good that never would be harmful to you. To register your business is the right thing to do. If gives you a better standing when it comes to contract awarding, it builds confidence with contractor knowing that the business is registered, has a traceable address with its board of directors known to the public. Unregistered business has a limit it can operate financially and if shows how ready you are to move forward.

 

[jimmann247]

Registering your business brings out more your business, it give your business more reputation and gives it more upper hand above your competitors, it build trust with your clients or customers because your business is registered. Registered business has more value.

 

[Noor khan]

Registering a business comes with alot of advantage, first the business will be seen as a legal entity and as a separate entity which can be sued or sue, registering a business opens the business for opportunities such as loan from organizations such as banks and the government and private individuals. Because the economy will recognize the business as a social benefit because it will contribute to the tax strength of the country.

Post automatically merged: Jan 31, 2021

Registering a business comes with alot of advantage, first the business will be seen as a legal entity and as a separate entity which can be sued or sue, registering a business opens the business for opportunities such as loan from organizations such as banks and the government and private individuals. Because the economy will recognize the business as a social benefit because it will contribute to the tax strength of the country.

Well if there is a certain pride that comes with the identity of your own business. It’s no longer that big idea you’ve had in your head all these years. It’s now a real thing that legally exists; with its own name and address. Some people choose theirbusiness names on emotional grounds (like their father, mother, wife or child’s name or even their own name). Some other people prefer to choose names that inspire while some other will go with names they want to potray good qualities about the business. Whatever name you choose, and for whatever reason, is totally up to you.

 

[Abelcairo43]

Registering your business formally has its own advantages and disadvantages according to the type of business that might be involved. Most sole proprietors don't register their businesses in my country because they feel they have a greater disadvantage which is the heavy tax imposed on them by government.

 

[Mandypaul]

Registering your business with the government helps your business to be recognised officially and you may not be in trouble with the government because already the government will recognise you as a full business company, this can also give people trust to do a lot of business with you.

Post automatically merged: Feb 1, 2021

Registering your business with the government helps your business to be recognised officially and you may not be in trouble with the government because already the government will recognise you as a full business company, this can also give people trust to do a lot of business with you.

 

[Chizfab]

It is very important due to o the fact that your business is recognized as an official business, that has legal backings. Also, government grants favour registered businesses, l recently lost out of a great opportunity to fetch my business a government grants because it was registered then. If you have the opportunity to register, please do before it's too late.

 

[LaylaG]

It is important to you to register your business with the government because this will make your business to be officially recognised by everyone and people will be confident enough to do business with you at this point, you may not even enter into trouble with the government of operating an illegal business