There comes a time that you want to put the business ideas in your mind into formidable action. It is necessary by law to register your business before putting it to operation. There are a lot of procedures that are involved in the registration of a business that makes the process a hectic one. The size of your business will not matter when it comes to registration, no matter how small it is, it is critical that you register it. The following steps will guide you through the registration of your business before beginning to operate it.
Firstly, you should start by registering the structure of your business at the regional level. By registering your business structure, it will give you all the rights to use the business name. In the registration process, you will be required to register your business as either a sole proprietorship, a private company or a partnership one. When you want to register your business as a private company, you will be required to send the board members of your company and its directors with their qualifications. The easiest business to start is the sole proprietorship has it entails much less documentation. In order for you to start a partnership, you must be a minimum of two partners and a maximum depends on which country you are from. If your business is to help the less fortunate people in the society, you can register it as a non-profit business. You should check the regional regulations and requirements for registration of a non-profit business. This is due to the fact that they vary from region to region.
In addition, if you are uncomfortable with the name you registered your business with you should file for a ‘doing business as’. This applies mostly to limited liability companies where the initials LLC are added to the name you proposed. This may not sound good to your clients. Thus, it will be in order for you to change your name in order to make look good. You can do so by applying for the ‘doing business as’ which will allow you to use a name that you will be comfortable with.
To conclude, your business should have a trademark. This is another way of registering a business or a business idea. You can decide to trademark your business either regionally, nationally or internationally. By trade-marking your business you will have the only rights to be operating under that business name. The company’s slogan, the colors and the logo of the company once trademarked will be associated with you whenever they are seen, thus marketing becomes very easy.