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In or last article, we talked about the preambles of registering your
business with CAC. I also try to tell you that when you
ask for a name reservation, it takes about 2 weeks before the results are
returned. It is sometimes as fast as one week or 10 days but it generally takes
2 weeks. Now imagine if your chosen business name is not6available,
you have to go through that 2 week process again. If the new one is not
available as well, you have to go over the process... again... and... Again.
That is why it takes people a long time to sort out.
How To Prevent That From Happening To You?
What you need to do is to
choose a name no one else would have chosen. This is where creativity and ingenuity
have to play a part. If you choose just any name, I can assure you someone has
registered it.
Don't even think about
registering names like these...
Ø justice
Enterprises
Ø Prosperity
Ventures
Ø Good Hope
Enterprises
Ø Adamu
Hassan Ventures
Ø Wealth
Resources Consulting
If you choose names like
these, then, there is a high probability that they have already been taken by
someone else and as an entrepreneur, you don’t have time to waste experimenting
on new names at every 2 week interval.
Here is a perfect example:
Some time ago, a friend of
mine wanted to register “Success guide International” and he was so confident
it would be available. To his surprise after 2 weeks, it was already taken.