why is it important to register your business?

[Setfragil]

It is good to register your business so as to protect the interest of your business. It is also good to prevent other businesses from copying your registered business trademarks.

 

[Richard92]

One of the benefits of registering a business is to follow the rules of the government if a country ,on the law that a business have to be registered before it can operate fully.
Secondly , it helps to take off the issue that may arise when companies drag a particular business name

It is important to register your business so that your business can be legal and have legal representative with this your company is an entity of its own.

 

[Ralphjoe]

It is very important for you to register your business so as not to fall into any trouble with the government agencies one day which will give a bad reputation about your business.

Business registration actually gave the business the legality to operate and then that business would be recognised by the government so therefore there will be no trouble with the government as it regards your business.

 

[Filicit]

A registered business is the only type of business that is recognised y the government and as such only registered business receive benefits from government

 

[tyrim88]

It is very important to register your business under the corporate affairs commission, so that your business can be incorporated. Any business that is not registered under that body is not know by the government of Nigeria and can not stand under law. Your business became an entity of it own when it is registered, that is it can sue and be sue in the court of law. When registered you are granted memorandum of association and aticule of association.

The benefits of getting your business registered is very important,it makes it an official entity and can operate any where around the country of reference.You will be adequately propi;e in the case of enumeration for grants and statistical analysis for future plan.

 

[Good-Person]

I do not think that registering your buisiness alone proves the legitimacy of your business. There are many HYIP companies that are registered in the United Kingdom, yet they turn into scams despite being registered.

 

[Stylex]

Why is it important to register your own business by your self
Well I think it is very important to register your own business by your self because you are the one to run your business not someone

 

[Chizfab]

It is very necessary to register your business especially start ups, this is because it is one of the top requirement needed when seeking for loan or grant from sponsors. It shows you are serious with what you do and places you ahead of your counterparts.

 

[Setfragil]

It is good to register your business in order to protect the trademarks of the business and other important things that are very dear to the business.

 

[GIFTMICHAEL]

Registering our business makes us gain special attention to the business bureau corporation under the affiliation of government without obscurity from thugs.

 

[Kingmarvex]

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...

Applying and receiving loan is a good reason to register your business, partnering with big companies or receiving contracts from government is another reason. And lastly it is an evidence that you are legit

 

[Filicit]

Not all business that requires registration, like sole proprietorship business. Doesn't need registration before getting started, you can register other lucrative business, like partnership business, private liability companies etc.

You don't have to be a big business t register your business you can decide to register or not but you sure would have mode privileges if you do like registration, trademark license, borrowing from banks, credibility from customers

 

[Cee C Chriss]

One quick and easy way to come up with business names is to go on Google and search for relater keywords to your industry or niche - you'll have a long list that you can then add things like your initials (of your name of course), catchy or fancy words too

 

[tyrim88]

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...

Registration of ones business gives thebusiness an offical statues,and it will make clients and potential customers to always have confidence and trust in the business.

 

[Toyoabasi]

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...

If your business is registered, it is formalized. It stands a better chance of being able to benefit from grants and aids. Banks would only give out loans to registered businesses too. My business is registered with SMEDAN.

 

[YERUS]

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...

You are right.
Having your business registered gives you that ability to obtain loans from banks.
Without a business name, no one would really take your business seriously.
Proper registration is necessary for businesses.

 

[ganibade]

Is important to register your business is to allow many people to know your business and patronize you to make a good sales and to make company to employ many staffs

 

[Lucy ID]

Not all businesses need registration but it very important especially if you need or want your business to be recognised or acknowledged in your country and worldwide

 

[Godspower]

Just like you said, registering a business under the appropriate government body gives it a legal backing. It makes the business to be eligible for any government support or loan offers that may be available.

 

[Hrtbeat]

Once your business is registered with the Corporate Affairs Commission, your business name is protected and nobody can use the same name or even a name that is similar to it. This has the benefit of legally protecting your corporate image and business name.