Registering a business name signifies genuineness and is a great step to run a legal business in Nigeria or any part of the world. A registered business name might also be required of your business in order to do business with government parastatals and partner with some companies here in Nigeria.
Asides from the high trends of benefits your business would attend when you register with the Cooperate Affairs Commission (CAC) your business would also be endorsed with the rights of bearing the business name you choose. I.e. No other business can or have the rights to bear the same name.
Most business owners and intending entrepreneur assume business registration is a difficulty task and at the same time costly BUT this is a wrong motive as this article will outline the steps, amount needed and requirements for registering a business name in Nigeria.
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