OptimusTD's Posts
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muyico:You do not need to walk into a CAC office to register your business. Their online portal makes it easy for one to register his/her business from start to finish. When it's approved, you get a PDF document of both your certificate and status report which you can print anytime from your device. This way you won't get to spend time, money and energy going to their office. If you misplace the hardcopy Certificate, you can reprint it from your device. This is the service I'm offering to business owners. I help them register their business online on the CAC portal and get it approved within 7-10 days. If you're interested in getting yours registered, call/WhatsApp: 0902-454-7225 Or Check my signature to connect with me. |
I see a lot of business owners running their small businesses without even thinking of registering it properly with the right authorities. The ones that do register their business only do it as a formality without even knowing why they are supposed to. WARNING; That is RISKY business! Your business is a different entity from you as a person. Even if you might take up multiple roles like Manager, Accountant, Operations Manager and others, you must realize that your business is NOT you. Here are some reasons why you should definitely register your business especially when you are sure of how much you make and have some steady flow of customers after a short while of running it. 1. To get the business name of your choice! Some people wait for their business to pick up first before they think of registering it and while this might work for some people, it doesn’t work for most. Just picture this scenario – you start a small business but you don’t register it because you feel it is too small. Then business picks up and you want to register it only to find out that your business name is already in use! Clashing business names is one of the many problems that can arise when you do not register your business name on time. It means that your business can stand the risk of being sued because in the eyes of the law, you are operating your business under the trademark of another business that is registered – without permission. This can cost you a lot of money in court. It also means that you may have to change the brand name that your customer base are already familiar with and this can cost you a lot of value even beyond just money but in re-branding as well as your customers struggling to get familiar with your new brand identity. Whew! Save yourself this stress and register your business! 2. You will lose multi-million Naira deals if you operate without a license One scenario I can remember is a young lady, (one of our clients) who lost multiple huge purchases simply because she didn’t have a registered business. Do you know for example, most large firms cannot do business with you as an individual? Because they are not allowed to pay cash to individuals but can only make purchases with purchase orders and quotes from business entities – which is what your business becomes once you’re registered. So take for example that you have been looking for a breakthrough in your beautiful ankara business and one big bank approaches you for a contract to provide all their staff of close to 2,000 people ankara and aso-oke for their end of the year celebration. That is a big deal and you can certainly deliver but do you know that if you are not legally registered as a business you have lost that deal? This is a true story. The reason for this is because for an organization like that they are not allowed to do business with individuals to avoid “stories that touch” so it is ideal to be a business to business (B2B) transaction. You will have just lost a potential ten million naira deal because of your inability to see far! So if you think that you’ll just be going about giving your personal account number to your clients then you had better think again. Unless of course, you don’t see your business growing beyond the one customer retail type of business. 3. You can get cheated out of your hard earned money, if you run an unregistered business I’ve seen cases where people use the “corner-corner” way to get transactions like this without registering their business by telling someone who perhaps has a registered business to do it on their behalf. How do I mean? You don’t have a registered business and you got a huge deal from a big company. It’s too late for you to run around running your business so you go through someone who already has a registered business as “middleman” so that you can get the contract, abi? The only problem is that “money fit change pesin O!” so after the deal and you have delivered, the person may take advantage of you and come up with excuses like “Shebi na me do all the work?” and others. Just because you let him in as a middleman in the deal and his own registered business was used! It can be painful but if you’ve been prepared for business and had registered your business from the start, someone else would not have “stolen your glory” #justlikethat! 4. With a registered business, you can EASILY get loans/grants from government. Asides from these scenarios, having a registered business is like “sure express” to get grants from the government during difficult times like this COVID era. Do you know that because of the pandemic, the government has been giving small business owners financial support during this period to help them grow? All you have to do is show proof that you are a business owner (which is the registration documents) and proof of tax payment as well. I know two people that have gotten grants of N250,000 each this past few months from the federal government. Now, if you don’t have a registered business then how do you qualify for such “free gifts” or “good of the land” if you will call them that? There are many more risks associated with running your business without registering it! Don’t be that business person that takes unnecessary risks. Don’t let opportunities pass you by because you don’t want to do the right thing, register your business today! ©Auntyronke To register your business, Call/WhatsApp: 0902-454-7225 or check my signature.
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VintescoGlobal:N70,000 sir |
REGISTERING YOUR BUSINESS IS NOT PACKAGING…… Some business owners have a certain mindset towards business registration and I hope to correct that today. Some believe that registering their business is all about packaging i.e. forming what you are not. They have this idea some persons have towards life – FAKE IT TILL YOU MAKE IT. That’s what they see it as; since their business have not grown enough or are still in the infant stage. Clearly, this shows the kind of information they give their minds to. I believe strongly that the quality of knowledge in running business a person has, goes a long way in facilitating the growth of that enterprise or company. No matter the size or the nature of the business. Someone who loves his or her business should be desirous in ensuring that his/her venture grows into something bigger, gain wider reach and make more profits. The major objective of a business is to make profits. However, the extent of the profits you would make is largely dependent on the number of sales. The more you sell, the more you earn. The higher the number of people you are able to sell to, the higher the chance of making profits. This brings me to the point where I will explain why registering your business either as a business name or a company is not PACKAGING or FAKING IT TILL YOU MAKE IT. BUSINESS REGISTRATION IS NOT FOR BIG COMPANIES ALONE This discards the idea that registering your business when it is still small or newly established is packaging. Why? Because registering your business makes it a legal entity recognized by the Nigerian government. It shows the owner’s desire to build a profitable venture in the coming years. Hence, the decision to fully register it with the appropriate commission. “BIG COMPANIES” WE SEE TODAY DID NOT REGISTER THEIR BUSINESS THE DAY THEY BECAME BIG. THEY REGISTERED IT BECAUSE OF THE VISION THEY HAD. KNOWING FULLY WELL THAT THEY CAN WORK TOWARDS BEING A BIG BRAND AND ENJOY CERTAIN BENEFITS THAT COMES WITH THE EARLY REGISTRATION OF THAT BUSINESS. It’s only people that think small and do not see beyond their nose that would feel their business is not big enough to be registered. Time would fail me to talk of businesses that was registered with the CORPORATE AFFAIRS COMMISSION (CAC) long before commercial activities/operations started. In building a business here in Nigeria, depending on the nature of business, certain things are necessary. Take for example COMMERCIAL BUS DRIVER. We see commercial bus drivers registering their buses with Drivers’ associations, buying insurance, obtaining license and documents from the Ministry of Transport, etc. There are certain rights and privileges these drivers enjoy and they are conscious and well aware of them. In fact, they utilize it to the fullest. Same goes for every other business. Using the example above, would you say that the bus drivers that identify with the MINISTRY OF TRANSPORT and other associations did so because of PACKAGING or to FAKE IT TILL THEY MAKE IT? Would you also say that registering your business inspite and despite its size, nature or location is packaging? I GUESS YOU KNOW THE ANSWER NOW. FOR ENQUIRIES, CALL | TEXT | WHATSAPP 0 9 0 2 4 5 4 7 2 2 5 Check our signature for more details.
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VintescoGlobal:Good morning sir. We can help you with that. Check our signature |
NEROSKY:Okay sir. I can help you with that. Check my signature |
NEROSKY:For the business structure, search for Nnamdi Ibe on Facebook. He can help you with that. Company Registration If you have a business name registered and you intend to continue using that name then you can do an upgrade. However, if you want to use a fresh name then you make an application for the new name. Each type of company has its minimum amount of shares but for your tech company 1 million shares in equity can go. But If it's a fintech Company, the minimum is 50 million shares. If you are the only shareholder then you can take 100% of the shares. But if you have other investors/partners then you can decide to share it among yourselves based on the capital contributed by each person's which will sum up 1 million. I'm into Business name and Company Registration. If you need clarity on issues around these lines, let me know. |
CampuChan:My own Bible tells me that unless a man is born again, he can't enter the kingdom of God. John 3:3 W 3 Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God. What Jesus was saying in Matthew 19:24 was that someone who idolises his riches cannot enter the Kingdom of God because he won't put his faith on Christ but on his riches. The pastors and believers are already inside the kingdom of God. We have access to God's riches which are innumerable. Philippians 4:19 19 But my God shall supply all your need according to his riches in glory by Christ Jesus. We are sons of God. We all inherited God's riches. So any Christian who is still poor hasn't been Enlightened of his rights in Christ. |
CampuChan:Christ became poor so that we might become rich. Get that fact. Christ had all the riches but he wanted we all to have it to that's why he walked the earth as a poor person. |
the commandments are more than 10. They are 613 laws in total. |
09024547225 |
Yeah..
game of thrones when rincon was killed by Ramsey. power: when rayray shot raina St. Patrick... ���� |
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