Having a business name helps you benefit from the following below; Supplier Arrangements A registered business also makes you eligible to receive supplier discounts that you wouldn’t normally receive as an unregistered business entity. Business Trip to Other Country Another great benefit of business registration is that you can easily obtain a visa and travel …
Month: July 2021
Factors of getting a business loan
Business loans can be essential to launching a startup or expanding an existing company, with funds often used to secure inventory, purchase equipment, rent operational space, hire employees or cover a host of other expenses. However, business loans can be difficult for new companies to get. Limited Cash Flow A measure of how much cash …
Do’s and Don’ts of a Business Credit line
Like most financing options, business lines of credit have both benefits and drawbacks. Knowing both will help you understand if this is a good option for your business. Do’s It’s a flexible financing option. One of the biggest draws for many businesses is the flexibility a line of credit provides. You have access to a certain …
Business License in Nigeria and how to get it done
License in Nigeria are compulsory both for Nigerians and foreigners to operate a business legally in different sectors of the economy in Nigeria. This article will guide you on how to get your business license done. They are permits issued by the government or through its agencies to individuals and companies to carry on business …