Don't forget to register your business

eldavis

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No matter how small your business might be, as long as it has a name, it should be registered. Over here we have so many small businesses that has been working for years but have not registered their business. They feel since they do not have an offline store or office there is no need. As long as you have a brand it is important you register your business. Especially if you have plans for growth in the future.
 
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AmazingJob

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Good one. Yes, even small businesses should be registered. It is also another way to pay the intended taxes. I believe our government here imposed this that establishing a business, a business permit is needed.
 

eldavis

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Good one. Yes, even small businesses should be registered. It is also another way to pay the intended taxes. I believe our government here imposed this that establishing a business, a business permit is needed.
Over here it's a law but people don't really take it all that serious, especially does who are running a small business where they use social media as their shops and the likes. They feel there is no need for that.
 

AmazingJob

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I think it is the same here. If they are on social media, they are tolerating the law. However, all establishments here, big or small should have business permits. If not, they know what is going to happen next.
 

nomad

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Registering your business keeps your business safe, you do not have to fear about government shutting down your business. When the business is registered, your customers also gain confidence to buy from you.
 

Stardom22

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ln my country the registration of the business is very mandatory for one to starting any business on this land. Failure to do so you would be arraigned in the court of law for a case to answer.
 

eldavis

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I think it is the same here. If they are on social media, they are tolerating the law. However, all establishments here, big or small should have business permits. If not, they know what is going to happen next.
Yes another advantage is that your business is protected by the law. If there is any government opportunities for business owners you can easily join in cause your business is registered officially.
 

Starmix

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In my place, once you register your business, you have to go to the Department of Trade and Industry. It is not only registration but also business permits and mayor's permits. No one can do business here without following the procedures.
 

olaniyi

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Actually it is very important and compulsory to register one business but it depends on the type of country you are because their is a minimum requirements to register a business depends on country
 

eldavis

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Actually it is very important and compulsory to register one business but it depends on the type of country you are because their is a minimum requirements to register a business depends on country
Really? I was not aware of this aspect, what are the minimum requirements needed to register? I used to think anyone can just simply go and register their business when they have one.
 

Nite

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Registering your business, no matter how small, provides legal protection and credibility. It also allows you to establish a unique identity in the market and helps build trust with customers.
 

Springtime

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Yes, in my place, it is also a legal requirement that business should register their business. The business registration certificate should be displayed on the shop. Those not registered are taking the risk of getting penalized or even closing their business.
 

Nite

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Having a legal requirement for businesses to register is important for several reasons. Firstly, it helps to ensure businesses are operating within the law and are accountable for their actions. It also provides transparency for consumers, as they can easily verify the legitimacy of a business by checking their registration certificate.
 

Nite

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Registering your business will definitely add credibility and legitimacy to your business. It'll also give you certain legal protections and benefits that come with being a registered entity.
 
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