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By Abigirl Phiri
WHATEVER action you do in business, be mindful that you are thinking SMART. This is because entrepreneurs have a point to make and prove to their customer base that they can easily deal away with their problems innovatively. Having said that, it is wise to register these entrepreneurial ventures. It is even indicated that make hay whilst the sun is still shining and this applies to contemporary Zimbabwean entrepreneurs. Indeed, this is the best way of taking a professional stance that you mean business and you are here to stay. Registering your entrepreneurial ventures will quell away fears by the masses that you are not legit and might turn tail and flee with their hard earned money.
Quite frankly on a professional spectrum, registering your entrepreneurial venture will put you on another level. In fact, customers will even view you differently from unregistered entrepreneurial ventures because you will be representing credibility and professionalism sourly lacking in most entrepreneurial business. At the same time, by registering your entrepreneurial venture you will be legalizing the business as a private and licensed entity. In case something goes wrong in future or doesn’t work well your personal assets will be safe since they will be divorced from your entrepreneurial venture.
Apart from legal protection, registering your company will make it liable to get loans from banks. Also, in the event of getting tenders you will qualify since you will have the necessary paper work such as the precious Certificate of Incorporation, CR14 cum CR6 and CR6 now known as CR5 to name but just a few. This is because CR6 lists the directors and secretaries of the business whilst CR5 notes the address of the company’s registered offices unless as an entrepreneur you do not have a brick and mortar premises. Adding to that, you can even trade well with suppliers who require such papers for an entrepreneur to enjoy discounted and wholesale prices. All these are issues an entrepreneur in whichever line of business should think through.
Interestingly, many deem registering their business as a waste of time and resources but after weighing the pro’s and con’s even research concedes that registering entrepreneurial ventures is the way to go. That said, in the long run this will benefit the entrepreneur. Accordingly, many schemes are set forth for registered entrepreneurial ventures. Nevertheless, due to lack of proper documentation many are passed by these golden opportunities. Actually, it all boils down to strategy if you want to set yourself apart from the rest of the sea of entrepreneurs. The bonus point after registering your venture is that you can even put trade marks on your operating name so that nobody can use it. By virtue of laws, the name will be yours up until eternity.
What lacks in today’s world is the ability to research through pertinent issues as these. Provided entrepreneurs would do so then they would make SMART choices that will benefit them in the long run. Presently, it is no longer all about registering to vote but also doing so for your entrepreneurial venture so that customers and investors take you seriously. Most people fail to understand that we don’t have much time on this face of earth. Truth be told, we are living on borrowed time therefore this must be indicated by smart moves that we do in business as well. On all intents and purposes, failure to utilize time well then be prepared to sink with the rest of the “would be entrepreneurs.” It is no secret that 21st entrepreneurs have information on the tips of their fingers which is an added advantage to propel their ventures to greater heights. Since time waits for no man plus money is grabbed and bagged by entrepreneurs who make smart choices, studying the do’s and don’ts of the environment is a must.
Let there be a distinction between real entrepreneurs in business and those who only claim in name that they are. Let your papers do all the talking that you are a smart entrepreneur who knows what he or she is doing in the world of business. What is losing a few bucks in order to get the well needed and proper documents that will put a legal name to your big dream? This is food for thought treasured readers. Needless to mention, the beauty of the 21st century is that you can easily register your company manually or online using different Company Registering Organizations or Consultancies. Enlightened entrepreneurs think smart for its all about measuring and attaining your goals whilst staying true to being tangibly reliable to your valued niche market.
