Is your business registered?
Kindly indicate the legal background of your business and how you went about this process. It's a key factor. After that we'll discuss other necessary steps you need to take to grow your business
Kindly indicate the legal background of your business and how you went about this process. It's a key factor. After that we'll discuss other necessary steps you need to take to grow your business
Business registration is key to running your business, that gives you and edge over others. Registering your business, having your Tax Identification Number (TIN) is important as this gives your business more opportunities for Companies looking for a reputation business to collaborate with to contact you. You can comfortably send quotes and requisitions to other reputable Companies as well. Doing a registration of your business is key. You can register as a Business name or as an Enterprise, as a Limited Liability or a Cooperation.
Business registration is required by all governments therefore it is pertinent you do so irrespective of your location. However, the kind of registration you'll need is determined by how you intend to structure your business. You can start as a business name where you are not separate from your business and later when you scale up you can change to a cooperation.