HOW TO REGISTER YOUR BUSINESS NAME WITHOUT DIFFICULTY

There is no doubt that many Small and Medium scale Enterprises (SMEs)have had and still have several challenges which debar them successfully registering their businesses. For many, registering a business name still seems like crossing the red sea. But really, it is due to inadequate information as regard small business name registration.
Registering your business name with Corporate Affairs Commission (CAC) can be an uphill task if you are not properly armed . The CAC staff themselves are not helping matters. They can be an unnecessary pain in the neck. However, by following these strategies you can register your business name yourself without the aid of any lawyer.
These steps will save you money, show you how to avoid delays, frustration and the need to bribe anybody just to register your business name. fact, with these strategies, you can register your own business name with less than #10,000 in Nigeria! And this is guaranteed. To do this successfully, follow these steps:
BE CREATIVE WITH YOUR BUSINESS NAME
Many SMEs usually face tough times getting approval for their business names. This is because they find out their name choice had already been taken up or has been used by someone else. The implication of name rejection is starting the process all over again. My advice is, think up a good and unique business name that is not common. By so doing, you ensure your business name is available and “sealed” for you. If you fulfill these criteria, you’ll have avoided two things.
(i) You would have saved yourself the headache of going through the whole registration process again after three weeks of waiting.
(ii) Purchasing of another Business Name Availability forms will be avoided, thereby saving you funds that can be used for other more important things. Examples of common Business Names to avoid includes: God’s Grace Store, Divine Venture and so on. Avoid generic names like John, Grace, Ahmed and so on in your business names options unless you have a new and creative way of presenting these names.
To be Continued