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HOW REGISTERING A BUSINESS WITH THE CAC CAN MAKE YOU RICH. - Phones - Nairaland

Nairaland Forum / Science/Technology / Phones / HOW REGISTERING A BUSINESS WITH THE CAC CAN MAKE YOU RICH. (465 Views)

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HOW REGISTERING A BUSINESS WITH THE CAC CAN MAKE YOU RICH. by ChukwuedOkwuobi(m): 5:09pm On Aug 29, 2022
Registering a business can potentially make you rich in several ways:

1). Limited Liability: When you register a business, you create a separate legal entity that is responsible for its own debts and liabilities. This means that your personal assets are protected from business losses and lawsuits, which can help you preserve your wealth.

2). Tax Benefits: Registering a business can provide significant tax benefits, such as lower tax rates, deductible business expenses, and the ability to carry over losses to future years. By minimizing your tax burden, you can keep more of your profits and reinvest them in your business or personal investments.

3). Increased Access to Capital: Registering a business can make it easier to raise capital, as investors may be more willing to invest in a separate legal entity with limited liability. This can help you grow your business and increase your wealth over time.

4). Branding and Credibility: Registering a business can also help you build your brand and establish credibility with customers, suppliers, and other stakeholders. This can lead to increased sales and profits, which can help you become rich over time.
Re: HOW REGISTERING A BUSINESS WITH THE CAC CAN MAKE YOU RICH. by HRHQueenPhil(f): 5:10pm On Aug 29, 2022
ChukwuedOkwuobi:
Shop for iPhones with us. Get 50% discount. Deliverable within 24 Hours anywhere in Nigeria.
wats ur handle on social media Insta or Twitter plus physical office

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Re: HOW REGISTERING A BUSINESS WITH THE CAC CAN MAKE YOU RICH. by obiekunie01: 10:08pm On Aug 29, 2022
HRHQueenPhil:
wats ur handle on social media Insta or Twitter plus physical office

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