Choosing the Right Legal Structures; Registering your Business; Understanding the laws that affect your business
What you will learn
How to set up your business
Steps to consider when registering your business in Nigeria and in other jurisdictions
What to consider when choosing the right legal structure for your business
Understanding the various forms of legal structures for your business
Understanding the considerations for setting up your business as a partnership
Understanding the key considerations for setting up your business as a company
Understanding the concept of shares, shareholder rights and types of shares
Understanding Share Capital
How to register for a tax payer identification number and value added tax
How to open a business bank account and what to consider
How to register with other specific agencies in Nigeria
Understanding the various parties within a company and how they manage and control the company
Understanding key corporate governance principles
Understanding and applying key corporate governance pillars
Understanding what good corporate governance is and why it is important
Understanding the importance of business law
Understanding key laws to track and ensure compliance with for your business
Understand the various aspects of a contract and how to breach and discharge a contract
Understanding a business’ governing documents
How to develop an effective business plan, and addressing key governance, business legal structure and contracting aspects of the business plan
Description
Understanding what it takes to choose the right legal structure and set up your business can be very difficult given the many legal considerations and we are all not lawyers. You don’t however need to be a lawyer to understand the basics. All entrepreneurs must!! Don’t underestimate this.
Many small businesses or start ups think “strong corporate governance” is for big businesses. However, it is not true. It is good for even small businesses because it establish a framework of processes, processes and attitudes that add value to the business, help build its reputation and ensure its long-term continuity and success.
Good Corporate governance allows people to trust your business and to know that if they invest in you the business will be well managed and it will last.
Good corporate governance allows your customers know that you mean what you say and what you produce or serve has gone through a series of policies and procedures to ensure it is of the best standards.
Good corporate governance shows your potential staff that your business is not just a “one man business” where all the decisions are made by the CEO/owner; with lack of transparency in operations.
Lastly, it is important to understand the laws that affect your business – this is the understanding of business laws. Reviewing these business laws that could affect your business is critical early you in your business so you start well and you don’t fall foul. Understanding how to put in place the right contractual structures for your business success is also very important. Join this course today to learn about all the secrets to success in Implementing Strong Corporate Governance Practices & Legal Structures for your Business.
Atudume Chioma, one of our instructors said “In the course of my presentation, I observed that the participants were mostly auditory learners. Hence, in addition to the power point presentation, I implored the use of real-life examples to drive home my point”.
This certified course is one of 7 courses in SKILL-UP FOR YOUR BUSINESS.
At end of the courses, you should have a comprehensive understanding of product/service development and provision, business operations, sales and marketing, ownership, management and control, business structures, financial forecasting and financing plan and have a strong business plant to act as a roadmap for continued business scale and success.
All participants follow a three-step process to join our strong entrepreneurship ecosystem:
· Sign Up and Complete Registration Form
· Complete the course, end of course evaluation form and log your learning in your enterprise learning log
· Join the Enterprise Collab Lounge
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