This article reveals all you need to know before you decide to register your  business name with Corporate Affairs Commission (CAC).

Countless of encounter with business owners made me understand that some business owners are in the dilemma of whether to register their business as an enterprise or limited without knowing the features of each of the business registration category.

All you need to know about business registration with CAC. Here are some of the key features that you stand to enjoy if you register your business and an Enterprise (Business Name):

  • Registering your business name as an enterprise enable you to add any of the following surfix to your business name; enterprises, ventures, global resources, global ventures, global enterprise, global consults…
  • It is best designed for small and medium business. that is; Online business, freelancing business, sole proprietorship business…
  • It guarantee easy access to loan:- You might be wondering if you could have access to loan considering the type of your business registeration category, the good news is that you are entitiled to loan application being a business enterprise owner. There are lots of loan packages available to small and medium enterprises from the central bank through the commercial banks, meet your banker to enjoy this benefit.
  • Your certificate of registeration could be used as collateral for loan application. Since your business is registered under the corporate affairs commission, it can serve you as a collateral to obtain loan of any type.
  • Separate legal entity. Now that you have decided to register your business name as an enterprise, it is important for you to know that there is a different between YOU and YOUR business. Your business have a different life of it own even though it is being runned by you. To simplify it further, your business can sue and be sued independently.

Now that you are now informed about all you need to know about the features of business name registration,take the bold step today by starting your business name registration with competent and reliable corporate agency like us.

Start your business name registration journey with free public search and installment payments package, click here to get started with your preferred package.