There are some important information that you shouldn’t be ignorant of as a business owner.
At the end of this post, you will be able to know and tell yourself the category you belong.
There are various types of business owners today and I will give you the breakdown of each of the categories, just follow me carefully:
- The Over-Relaxed Business Owner
Anyone in this category believes that once the first step in business is taken, every other steps will start following without his involvement any longer.
They are the kind of people that will show interest in getting their businesses registered with the Corporate Affairs Commission (CAC), get the registration done immediately and feel like that is all that needs to be done regarding anything that has to do with CAC.
Even if they later relocate to another place later, they won’t deem it fit to change the address neither will they think of filing the annual return as required of them by the commission.
- The Up-to-date Business Owner
This category of business owner is he or she who takes everything with utmost seriousness. He doesn’t joke with his business as he pays undivided attention to every details. He is the type that if there is a change in location, he would immediately make the update on the CAC portal so as to reflect the new address.
He also wouldn’t wait until the status of his business is showing INACTIVE on CAC portal before he files the annual return.
Whenever there is need to change either the director or the shareholder of his company, he moves faster to make the update visible on the CAC portal.
- The Procrastinating Business Owner
This third category of business owner is the one who doesn’t see the need to take his business to the next level by the reasons of his actions and inactions.
He believes that “God will always do everything for him at His best time” He sees the importance of getting his business registered with the Corporate Affairs Commission (CAC) but he either keeps saying there is no money, or the charge for the registration is too much, or I will do it later which always makes him use the phrase “I will get back to you”
Oftentimes this third category of business owners would complain non-stop about low or no sales in his business, and easily feel jealous and bitter seeing another person’s results, wondering how such person is doing it and generating mouth watering results.
As a CAC registration expert that I am, I have always lived by example which is one of the reasons why my students have found it very easy for them to be generating amazing results too.By leading by example, I checked my business name this morning and realized that I have a notification to file for the annual return of the year 2022 even though the status of my business is not yet showing INACTIVE.
I immediately logged in to my CAC agent’s portal and carried out the post incorporation job quickly by paying for the annual return filing without any delay or thinking twice.
I could have thought to myself that it is not yet time for me to file, perhaps the date on it is August, why not wait till then before filing the annual return. But the good news is, filing the annual return when it is not yet showing INACTIVE is the best time to do so. With this, there won’t be need to pay for “late filing fee” which is always the reason why the annual return filing fee is higher.
Right now, my business is up to date, even some other services have been added to the list of the services we offer at Nifemi Ojo Enterprise
I therefore ask you, which category do you belong?
Do you belong to the first category whereby you always feel like once you’ve carried out the first step, there will no longer be another steps afterwards?
Or you belong to the second category where I also belong myself, which is the best option for your business at any point in time.
Or is it the third option that you belong?
By now you already know the answer and I am certain that you wouldn’t want to deceive yourself.
#Nifemiojo #Nifemiojoenterprise #cacregistrationexpert #businessregistration #annualreturnsfiling
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