In business, just like every other life endeavour, it is always good to begin well.
The first step every serious minded business person must take is to register his/her business either as a business name or a company.
Bear in mind that incorporated trustees are not for profit entities and a business should not be registered as such. Only such organizations as churches, NGOs, social clubs, alumni associations, community organizations and associations, etc can be registered as such.
Registering a business as a business name means that the said business is one and the same legal person as the owner(s) of the business and the owner(s) are in business with that name.
Registering a business as a company means that the business now acquires a distinct identity of its own totally different from the promoter(s) or owner(s) of the business.
Whichever you choose, ensure you operate your business as a registered entity. There are far reaching legal advantages. One of such is that it gives you a formal outlook and stands as proof that you’re not engaging in an illegal or shady venture.
Make you no go explain tire because no evidence 😁
A Business Lawyer/Barrister is best suited to help you register your business. So get a Business Lawyer, Barrister and Solicitor to register your business.
For more information on this and more on business and Property/real estate law concerns, call Apex Chambers on +2347030868694