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After Registration: What to Do Next Immediate steps.WHAT TO ARRANGEA corporate bank account Tax registration Any licence your... Building Credibility as a New Business Being taken seriously.WHAT CUSTOMERS LOOK FOREvidence you are real Evidence you are competent... Business Structures in Nigeria The main options.WHAT EXISTSBusiness name registration, for a sole proprietorship or partnership... Choosing a Business Name Getting it right.WHAT TO CONSIDERWhether it describes what you do Whether people can spell and... Common Compliance Mistakes What new businesses get wrong.NOT FILING ANNUAL RETURNSPenalties accumulate quietly until you... Data Protection Obligations Handling customer information.WHAT YOU HOLDCustomer names, contact details, addresses, order... Deciding Whether to Formalise Your Business When registration matters.WHAT MANY BUSINESSES DOTrade informally, sometimes for years.WHEN THAT... Finding Your First Customers Starting from nothing.WHERE FIRST CUSTOMERS COME FROMPeople who know you Recommendations Local... Getting Your Payment Setup Right Accepting money.WHAT YOU NEEDA corporate bank account in your registered name Registration... Hiring Your First Person When you need help.WHEN TO HIREYou consistently cannot meet demand Something specific needs doing... Insurance and Risk Protecting the business.WHAT MIGHT BE RELEVANTProperty and contents Public liability Professional... Keeping Records From Day One The habit that saves you.WHAT TO RECORDEvery sale Every expense Every invoice issued and received... Knowing Whether the Business Is Working Honest assessment.WHAT TO MEASURERevenue Costs Profit Cash position Where customers come fromWHAT... Licences and Sector Requirements Activity-specific obligations.WHAT MAY REQUIRE PERMISSIONFood handling Financial services... Managing Money in the Early Stages Cash flow.WHAT KILLS NEW BUSINESSESRunning out of cash, more often than lack of profit.THE... Ongoing Filing Obligations What continues after registration.WHAT IS GENERALLY REQUIREDAnnual returns to the registry Tax... Opening a Business Bank Account Practical requirements.WHAT YOU GENERALLY NEEDRegistration documents Identification for... Pricing and Getting Paid Commercial foundations.WHAT TO ESTABLISHWhat your costs are What you will charge How and when you... Registering a Domain Before You Register the Business Securing your name.WHY FIRSTDomain registration is immediate and inexpensive.Business... Registering for Tax Meeting obligations.WHAT TO OBTAINA Tax Identification Number.WHYRequired for banking, contracts,... Setting Up Your Online Presence What a new business needs.WHAT TO ESTABLISHA domain in your own name Business email on that... Starting a Business in Nigeria: Everything That Matters, Briefly The whole category in one page.IMPORTANT NOTEThis is general information, not legal or tax... The Registration Process What to expect.WHEREThe Corporate Affairs Commission handles business and company... What You Need Before Registering Preparation.WHAT TO PREPAREYour proposed business name, with alternatives Details of the... Working From Home or Small Premises Where to operate.WORKING FROM HOMELowest cost No commute Practical for many servicesWHAT TO... Working With an Accountant Professional support.WHEN TO ENGAGE ONEBefore you register, ideally.At minimum, in your first...

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