I want to start a small business in my hometown. By way of looking at things, it looks like most existing businesses have registration documents with them which means that they are operating legally. When I inquired about the cost of business registration, I was told the much which I may not be able to raise for now. My question therefore is, is it possible to start up a business and operate without having it fully registered?
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Registering your business before starting depends on the location or environment where you wish to start your business, I have no idea about where you are living and their way of culture, but I'm saying this with full confidence that where I'm residing you are fully encourage to start up a businessRead more
Registering your business before starting depends on the location or environment where you wish to start your business, I have no idea about where you are living and their way of culture, but I’m saying this with full confidence that where I’m residing you are fully encourage to start up a business without registering.
Here you only rent your shop to start up your business, renting a shop is necessary because your stock will not be kept outside at night, keeping your stock outside look unsafe because you might not wake up to find it anymore which may be hurtful.
Hope this answer help.
See lessIn some cases registering on a business depends on the type of business you choose to run for instant, if you're about to open pure water company it's wisely to register on different office like (NAFDAC) national agency for food and drugs administration and control and so on, this people will cautiRead more
In some cases registering on a business depends on the type of business you choose to run for instant, if you’re about to open pure water company it’s wisely to register on different office like (NAFDAC) national agency for food and drugs administration and control and so on, this people will caution you on how to treat your water to be good for individual health.
Assuming you want to start up a filling station to sell fuel, you need to import your fuel from where is it been refine to your station, that is where (NAFDAC) national agency for food and drugs administration and control or (OPEC) organization of petroleum exporting countries comes in, you need to register your business to them to help import your fuel to your station.
So registering on a business sometime seem to be good because they help promote your business and make things easy.
See lessIt depends largely on where you live, some places are strict with business registrations, while don't really care, so it's very important to do your due diligence before you start a business. But It's important to register your business as a good citizen and pay taxes, it will also help you in scaliRead more
It depends largely on where you live, some places are strict with business registrations, while don’t really care, so it’s very important to do your due diligence before you start a business.
But It’s important to register your business as a good citizen and pay taxes, it will also help you in scaling your business to more profits.
If you’re just running an experiment then it’s understandable and you might not need that at all
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