There’s no doubt, that a lot of business owners in Nigeria are beginning to appreciate the need to have their businesses registered with the Corporate Affairs Commission. But just in case you are one of the few who are still skeptical about it, permit me to highlight what you are obviously missing out on; You’re looking to apply for funds from the government or private investors, you must be a registered business or at least have intentions to get your business registered before you can be attended to. You want to avoid mingling your personal funds with that of your...

So you came up with a business idea that would make you ‘blow’. But you had a problem, this idea requires someone with a good background in tech, which you didn’t have. You reached out to your college buddy who is a good software developer, and you shared your idea with him. He sees the huge financial prospects in the idea and he signs up with it. Both of you agree to work as partners with 50% equity split each. A year down the line, you are questioning your decision to form a partnership with your college buddy. The reason...