Starlionnotch's Posts
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I have visited, there is no such breakdown. |
Please house, i would like to know the courses currently available for UNIABUJA LL.M post grad programme, the tuition fees, lectures and lecturers and how it works in UNIABUJA. I and others would be glad to learn from your experiences. |
Hello Starbeams, What is the cost of coolant termostat for Camry 2003?, what is the function? and how do i go about replacing mine? |
Thank you so much for taking out your time, just as we took our time to come up with the article. |
This will interest you https://www.nairaland.com/3725490/7-reasons-must-register-business#55303691 |
this will interest you https://www.nairaland.com/3725490/7-reasons-must-register-business#55303691 |
demolaojo: demolaojo:do a public search by visiting publicsearch dot cac.gov.ng thank me later. but if you intend to do a manual and comprehensive search, you will need an accredited professional. you can contact me on starlion_notch{at}yahoo.com |
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, mother, wife or child’s name or even their own name). Some other people prefer to choose names that inspire while some other 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 Corporate Affairs Commission does is to check that no other business already exists with the same name, and that such name is available to be registered (Availability and Reservation of Name). Under law, no two businesses should have the same name to avoid confusing the public. Once it is confirmed that the name you’ve chosen for your dream business is available (that is, nobody else is already using it), you will be allowed to go ahead with the rest of the business registration processes. And unless your business goes bankrupt and is formally dissolved, no other person can use or register the same name. 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 logistics and haulage business with two trucks that carry heavy goods for customers from the sea port to the inner cities. One day, one of your trucks had a fatal accident that involved a collision and fire that killed five people. Although your business has suffered a hit (as a result of the lost truck), that appears to be the least of your problems. Your biggest problem is the case brought against you in court by the relatives of the people killed in that accident. They are suing you for damages of up to N20,000,000. Even if you sold the other remaining truck, it wouldn’t still be enough to settle such a humongous sum. How much money you lose in this scenario really depends on the nature of your business. If your business is registered as a limited liability entity, the worst that could happen is that ONLY your business will be responsible for paying the damages because it is a separate entity from you. However, if you were running an unregistered business, you may not be entirely safe. Why? Because your personal stuff (house, cars, money in the bank etc) maybe used to settle any outstanding debts the business cannot settle. Don’t forget, not all company types can offer this protection. Only Limited Liability type companies can do this. Business Names, otherwise known as Enterprise, cannot provide protection from personal liability. 3. It makes you look serious and attracts more customers In today’s modern world, most customers, especially corporate customers, expect a serious and responsible business to be registered. In fact, most companies will not do business with an unregistered business or company. In certain cases, it’s against the law for regulatory and tax reasons. 4. It’s easier to get bank Loans and investment from investors For banks, there are basically two categories of loans; Personal and Business loans. They’re both totally different and one cannot be used to represent the other. As a result, most banks will gladly lend you money to buy a new car or house but none will give you money to fund a business that isn’t registered. To qualify for a business loan, the Number 1 and non-negotiable requirement is that your business must be registered. Period. For investors, it’s the same thing. Investors are interested in giving you money for a share (equity) of your business, and not to finance your personal lifestyle. If there’s no registered business, what exactly will you be giving them a share of? Investors want to know that your business is organized, exists legally and is separate from your personal life and finances. No investor would take you seriously if you’re asking for investment but you don’t already have your business registered. To them, it’s a sign of unseriousness and a lack of professionalism. You don’t want anybody to have that impression of you. you must also know that anyone who wants to invest in your business, will do a due diligence on your company, if it is not registered, his search will reveal that, more so, with the introduction of public search by the CAC, where every registered company can be searched on .gov.ng 5. It’s important for continuity sake Apple, Toyota, . Have you heard any of these names before? Of course you have. These names are big multi-billion dollar businesses that have existed for decades. In fact, most of the people who formed these companies have been dead for a long time. Nevertheless, these businesses, which were quite small when they started many years ago, remain very big and successful today. It’s called continuity; human beings live and die after a while but businesses have the ability to last forever as they are transferred from one generation to another. 6. Federal and State Government Contracts One of the basic requirements for the Federal and State Governments tenders, is that your business must have been incorporated in Nigeria, and evidence must be shown for your bid to be considered. 7. Having a Corporate Account The last but not the least of reasons, is the fact that you can have a corporate account and issue cheques using the company name, this is very important, as most companies and government agencies will not deal, if provided with personal accounts. There would not have been a better time, other than this moment to set up your company, with the newly introduced bank charges on personal account withdrawals and deposits in line with CBN'S cashless policy, it is only smart for you to do your transactions using a corporate account, as you will be saving huge sums of money which would otherwise be chargeable on personal retail accounts. - Where can I get my business registered? In Nigeria, the Corporate Affairs Commission is responsible for registration and all post registration services. preferably in its Abuja or Lagos office. Note: If you're in Nigeria or plan to set up a business in Nigeria, I know an accredited professional who can help. his services are quite affordable and efficient; and I know this because I've personally hired him a number of times to register Limited Liability Companies an Business Names. You can send an email to lawprinz_esq{at}yahoo.com and specify the kind of services you're interested in and any questions or clarifications you require. – How much does it cost to register a business For a business name, otherwise known as enterprise, it will cost you at least 25,000. for a Limited Liability, it will cost you 70,000, depending on the share capital. – How long does the entire process take? At the Corporate Affairs Commission, Abuja, it now takes between 24-48 hours to get your business registered. For questions and queries, please forward a mail to starlion_notch{at}yahoo.com Or call 07057663782 https:///post/starlionnotch./31 |
Hello Starbeams, my mazda 6 looses speed, emits gray gray smoke and the exhaust makes loud sound. What could be the issue? |
Thanks, its seems like a wonderful car, especially the interior. |
1YVFP80D135M01081 thanks bro. |
1YVFP80D135M01081 please, kindly check this for me. |
1YVFP80D135MO10181 kindly check this. |
diportivo:Please break it down. @Gazzuzz, waiting. |
I am about to purchase an Abuja used Mazda 6 car, the inside is very clean without dents, even the body. But the person selling was sincere enough to tell me that there was an engine change and the sittings will need changing. I drove the car, and it was very smooth both transmission and torguing. Only for a very slight viberation while on drive and neutral, but runs normal on park. Engine also sounds well. AC runs perfect, sound system in perfect shape, the arms are great. What are the possible risks with buying this car? Any bad experience with mazda cars, particularly Mazda 6 of 2005? The VIN is attached here also. Cc Gazzuzz, Sienna, and all the great auto gurus. Thanks. |
A 3 floor property suitable for Banking Hall, Plaza, event centre and Hotel along a major road is up for sale in Ekpoma, Edo state. Title; Certificate of Occupancy and other title documents. Price: 35Million (Negotiable). Contact: Starlion Legal 08130953118, 07057663782 starlionlegal@yahoo.com
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coolgent, my 1999 toyota avensis vibrates on the engine and bonnet area when i am on drive (D) in traffic and stationary. it gets worse when i put on my AC, please what is the issue, i have lived with this problem for 6 months, i am tired. |
Gazzuz and all, how about the exhaust system, i suspect that is what could be draining my fuel on my 1999 toyota avensis. Or are there other suspects? |
Awedman:Please mail me on starlion_notch at yahoo . com will tell you an organidation that might need your service. |
An 843.54 Sq.M land with R of O and recertified by AGIS is up for grabs. All title document intact. It is a direct brief from seller. Contact me on 07057663782 Price is 5.5million. |
You can have the following; Vircan Universal Tech Vircan Tech Solution. VircanTech Innovations. For Legal framework for your business; How to Register your company, copyrights,patents, designs and trademarks. Contact me on starlion_notch at yahoo.com |
Please house, I have problems using my airtel data on my Camon C9, I can't use whatsapp, Facebook and bbm. I am only able to access these apps only when I connect via WiFi. I have even uninstalled and reinstalled. Only my Emails and browser are functional. Please what could be the problem? |
Please house, I have problems using my airtel data on my Camon C9, I can't use whatsapp, Facebook and bbm. I am only able to access these apps only when I connect via WiFi. I have even uninstalled and reinstalled. Only my Emails and browser are functional. Please what could be the problem? |
Please house, I have problems using my airtel data on my Camon C9, I can't use whatsapp, Facebook and bbm. I am only able to access these apps only when I connect via WiFi. I have even uninstalled and reinstalled. Only my Emails and browser are functional. Please what could be the problem? |
Please house, I have problems using my airtel data on my Camon C9, I can't use whatsapp, Facebook and bbm. I am only able to access these apps only when I connect via WiFi. I have even uninstalled and reinstalled. Only my Emails and browser are functional. Please what could be the problem? |
Thanks so much Gazzuzz, you alwatys come to the rescue. |
please how do I know a rebuilt power steering pump and how do I know if my rack and pinion is faulty? Can I get a pictorial representation of these? cos I need to work on my steering system tomorrow in Apo, Abuja. kindly recommend a very good and trusted mechanic for my 1999 toyota Avensis. Thanks. |
lonelydora:please how do I know a rebuilt power steering pumpand how do I know if my rack and pinion is faulty? Can I get a pictorial representation of these? , cos I need to work on my steering system tomorrow in Apo, Abuja. kindly recommend a very good and trusted mechanic for my 1999 toyota Avensis. Thanks. |
This property is on high demand... |
adanny01:Thanks for your contribution, you made a lot of sense. And you are very correct on the fuel consumption issue. The absense of that device has drained my fuel. |
GAZZUZZ:Thanks for your respobse. |