How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business – These address your preparedness for business name registration in Nigeria. Therefore you want to find out how to register a small business which is how to turn your business into a legitimate entity. This is what empowers you to do business in Nigeria. Read more about How To Get Prepared for Registering Your Business Name here.
This article will address all the challenges you face currently that are working against your readiness to register your business. You only have to read through it. This post will raise common start-up questions on how to register a business’s name and proffer answers/solutions, things you must do, and those things we can do for you to facilitate your business name registration.
How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business
Table of Contents
Questions Associated With Business Name Registration:
This post poses these two questions:
Before Your Business Name Registration, What?
How do I get Ready To Register My Business? Read more about How To Get Prepared for Registering Your Business Name here.
Many of you, therefore, ask questions like:
- What is the meaning of ‘incorporation’?
- What is the difference between incorporation and ordinary enterprise?
- How is an Ordinary business registered?
- Who does the registration of the Business name?
- Which government office registers the Business name?
- How do I start a business name registration?
- How much does it cost to register my business name?
- How To Get Prepared for Registering Your Business Name here.
- And how can Complete Full Marks Consultants Limited help me register my business name?
How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business
Our Commitment
My promise is that this post will answer all of these questions and set you in motion for the registration of your own business name today.
To start with, business name registration in Nigeria entails how registering an enterprise in Nigeria with a CAC registration form, and check if a business is registered in Nigeria, and how to confirm a company is registered in Nigeria with the corporate affairs commission list of registered business names. A business name registration form explains the procedure and requirements for registration of a business name. Read more about How To Get Prepared for Registering Your Business Name here.
Therefore, once you find out through the name availability search that your proposed business name is available, start the process of registration immediately, contact www.completefmc.com via cfmclimited@gmail.com. Ask for instructions, forms, and fee schedules on business name registration.
How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business
How Prepared Are You to Register Your Business Today?
The following section determines whether you are ready and prepared to register your business now or sooner. As a beginner, there are things I would want to advise you to do so as to be ready to register your business.
(1) You need to think things through to maximize your chances of success.
You need to ask yourself several questions, such as:
a) Am I the right person to run the business or do I need to hire an expert?
b) Will customers like my product?
c) What is the market like in terms of competition?
d) What is the nature of the industry I want to venture into?
e) And what are my opportunities in this industry?
f) Are there environmental challenges that are posing as my weaknesses and threats?
(g) Do I have enough network to drive this business?
(h) Read more about How To Get Prepared for Registering Your Business Name here.
(i) For those of you in Service Businesses – there are these additional questions.
- What type of services do I render?
- What industry does it belong to?
- Do I possess any special potential for the services?
- What category of professionals are involved?
- Who are my target clients?
- How do I measure my services?
- How do I cost my services?
- And others.
These are capable of addressing whatever businesses you do – retail, distributorship, manufacturing, merchandising, service businesses etc.
(2) Then do the following:
(a) Define your personality:
- .What do you know about yourself?
- What are your interests in starting a business?
- Is it to make money, or to serve clients and by that create value for them and for yourself or some other reasons?
- Are you the type that like pleasure instead of hard work? A clear goal setting will do you so much good
- Do you possess any training, skill, talent or any industry experience in the business?
- Have you been mentored in the business?
(b) Get these basic business information ready:
- What is the name of your business?
- Who and who are the registered proprietors or partners?
- What is their stakeholding?
- Any partnership Deed? Agreement?
- Can you get ready certain information about your company/business?
- Business Registered Address.
- Business Operation Address ( if different),
- Phone number,
- Fax and Email details
Please, ensure that most information you give here is permanent for a while. This is because making changes in CAC documents sometimes cost more than registering new one.
How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business
( c ). Have a business plan in place – Call us for this.
(d) Have a good Feasibility study – this has to do with cost and environmental analysis. And address issues on:
- Environmental – business location Vs social, economic, and political factors.
- Marketing strategy
- Market Share
- The Industry
- Competition
- Value chain analysis – both Demand side and supply side
- Technology
- Legal
- Manufacturing unit cost of production
- Turnover – break-even analysis
- How To Get Prepared for Registering Your Business Name
(e) Be sure of your source of financing
This is another area you have to be ready with. Generally, sources of funding include:
- Personal Savings
- Assistance from friends and family members
- Grants from Free Government money or other NGOs,
- Debt funding ( Loan)
- Equity funding ( by investors who must have part equity ownership of the business)
- Credit facilities ( this is not always available in the beginning, it is always a strategy for working capital management)
How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business
You Must Be Ready Now!
Truly speaking, with all these on, How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business, you must now be ready to register your business. My advice is that you contact us through cfmclmited@gmail.com or +234 8034347851. Our promise is that, after you have submitted all the needed information and payment, your RC No./Certificate will be ready in 3 days.
Complete Full Marks Consultants Limited is a firm of Chartered Accountants, Tax Managers, and corporate advisors, registered in Nigeria as a limited liability company under the provision of Nigeria’s Company and Allied Matters Act.
As a matter of fact, Our Services cover ranges from Accounting & Auditing, Taxation – annual tax filings and obtaining your tax clearance certificates, Corporate services – CAC documentation/company and business name registrations, Management services – writing business plans, business proposals, business coaching, Capacity building training, seminars, workshops, etc. obtaining mining license to other licenses for clients.
Contact us if you have need of us., via,
e-mail: cfmclimited@gmail.com
Phone: +234 8034347851, +234 8097900795
Website: www.completefmc.com
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How To Get Prepared for Registering Your Business Name/ What Makes You Ready To Register Your Business
Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.
