LIVING IN IBADAN #NIGERIA – LAND & PROPERTY PRICES IN IBADAN (REAL ESTATE IN IBADAN)
- April 11, 2021
- Real Estate Business
Real estate in #Ibadan is the next thing. The land mass of the…
In this video, I will teach you How to Register BUSINESS on Google – How to Register a Business Name in Nigeria (2021)
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Register your business here:
First video on How to Register your business:
Reasons Why You Should Register Your Business Now!
Five Reasons to register your business now 5Now that you know what a registered business is and the different types of business formations that exist, it’s time to look at five strong reasons you should register your business soon.
As a result of the things I explained earlier, some of these reasons should be very obvious to you. Here they are…
1. It gives you a unique identity (and protects it too)
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 their business names on emotional grounds (like their father’s, mother’s, wife’s or child’s name or even their own name). Some other people prefer to choose names that inspire while some others will go with names they want to portray good qualities about the business.
Whatever name you choose, and for whatever reason, is totally up to you.
Once you’re ready to register your business, the first thing the Business Registration Office does is to check that no other business already exists with the same name. Under the law, no two businesses should have the same name to avoid confusing the public.
This search could take a few minutes or several days, depending on your country.
2. It protects you from personal liability
This is arguably the biggest reason why many people have to register their business.
Without the legal protection of limited liability, you could lose your business and personal property if something goes wrong (say somebody sues you to court for heavy damages).
Imagine you started a trucking and haulage business with two trucks that carry heavy goods for customers from the seaport to the inner cities.
Unfortunately, one day, one of your trucks had a fatal accident that involved a collision and fire that killed five people. ?
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? Disclaimer: This video is for educational purposes only and not financial advice. The results and earnings mentioned in this video are not typical and there’s no guarantee that you’ll earn money using the strategies mentioned in this video. To attain the results in this video requires knowledge, hard work, and skill. You can choose not to rely on the information contained here. We have taken all the necessary steps needed to ensure that the information in this video is accurate.
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