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 to any country for business purposes.
Every country always welcomes foreign investors who are interested in doing business in their country because such good investments will add value to their economy.
Opening Business Bank Accounts
You need to provide proof that your business is properly registered with the Corporate Affairs Commission (CAC) to open a business bank account in Nigeria.
It is also more professional to give your clients/customers a business account details that carry your business name for payment instead of your own full name.
Safeguarding Your Business Name
One huge advantage of registration with the Corporate Affairs Commission (CAC) is safeguarding your business name from being used by another person/business.
No one else can register a business with that same name or a similar name.
Hope you find this article helpful? why don’t you take a step to register your business today by clicking the buttons for enquiries.
