Starting a business is an exciting and rewarding experience. You have big dreams about starting from one shop or office and in the next few years becoming the next Aliko Dangote or Tony Elumelu. But before you get ahead of yourself and start planning for your future as a mogul, one of the first things you'll need to do is choose a business name and register it.
What is Business Name Registration?
Business name registration is the process of registering your company's name with the appropriate government agency. For Nigeria, the designated agency is the Corporate Affairs Commission (CAC). You might be wondering what business registration has to do with your small business. But if you are serious about expanding and becoming a household name then the process of business name registration ensures that your business name is unique and not already in use by another company. By registering your business name, you gain legal protection and can start building brand recognition.
Other benefits of business registration include;
Protect your business identity
Business name registration protects your business identity from being stolen. This prevents you from building a business and acquiring goodwill only to discover that someone else has registered that name and is using your goodwill to deceive customers.
Access business opportunities
With a CAC Certificate, you will find that investors and financial institutions are more willing to discuss investment and other opportunities. You will be able to finally secure a loan, open a bank account and get the investment that your business needs.
Increase customer trust
With several businesses pretending to be legitimate and defrauding customers, trust levels are at an all-time low. This is why a business name registration sets you apart providing the validation that customers at any level need to relate with you.
However, the process of business registration can seem very confusing and can prove to be time-consuming if you attempt it on your own. That's why Kippa Start exists to make the entire process convenient and fast.
Introducing Kippa Start
Kippa Start is a business registration service that helps you register your business without paperwork or legal headache. By following a simple application process, you can register your small business from the comfort of your phone and have your certificate delivered to your email in days. All for ₦20,000
Benefits of Using Kippa Start for Business Name Registration
There are many benefits to using Kippa Start, including:
Convenience - Kippa Start allows you to complete the entire registration process online, without the need for any physical paperwork.
Affordability - Kippa Start offers simple and easy business registration with your CAC certificate sent to your phone all for N20,000 only making it an affordable option for small businesses.
Expertise - Kippa Start has a team of experts who can provide advice and guidance throughout the registration process.
Fast turnaround - With Kippa Start, you can expect a fast turnaround time for your business name registration. Your CAC is sent to your email in 2 weeks or earlier.
Step-by-Step Guide to Using Kippa Start for Business Name Registration
Now let's dive into the step-by-step process of using Kippa Start for business name registration:
Step 1: Create an account on Kippa Start
To begin, go to Kippa Start's website and create an account. You'll need to provide some basic information about yourself and your business.
Step 2: Make payment
Next, you'll need to make a payment of N20,000 naira only to continue the process.
Step 3: Get your documents
Get your passport photograph, a picture of your signature and your National Identification Number, because these are required by the Corporate Affairs Commission.
Step 4: Fill out your application form
Filling out your application form is quick and easy. If you get confused or need to confirm any information at any point, you can always save the form and return to it later. Your progress is automatically saved and no data is lost.
Step 5:Submit the form
Once you are done filling out the form, submit it. You will immediately receive an email from us confirming that we have received your application and will start processing it.
Step 6: CAC processing
We will take a look at your form to ensure that all the provided details are correct. after that, it's off to the CAC for processing. This process is completed very quickly if there are no significant challenges.
However, there are some challenges that may delay business registration, they include;
- Incomplete documentation
- Bad passport photograph
- Name rejected by CAC
All of these can be easily resolved and we would always communicate with you via email.
Step 7: Registration complete
The CAC would follow due process, review documents and ask questions about your application. we will guide you through this process. At the end of it, your certificate will be issued by the CAC and sent to your email
CONCLUSION
Business name registration is an important step in establishing your brand and protecting your identity. With Kippa Start, the process is fast, easy, and affordable. By following our step-by-step guide, you can register your business name in 2 weeks or less. To get started, simply click on this link
