Thread by @Mintynapp

These Two simple Changes will Save your #SmallBusiness a lot of money and time.

It’s a thread 🧵👇🏽 #MintynBank

Many small businesses, especially online entrepreneurs in Nigeria, are making these two major mistakes.

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Despite being in business for a year or more.
1.  They do not have their businesses) registered with the Corporate Affairs Commission (CAC).
They conclude transactions using an unregistered "business" name.

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2 . When it is time to receive payments from customers or clients, they receive payment with their personal bank accounts.
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the non-registration of a business is a huge disadvantage to business owners in many ways and a lot of business owners do not even know it.

People are sceptical about sending money to Personal accounts, especially if it's a large amount of money, which will affect people doing business with you. Some people will tell you, others wouldn't...

A business must be registered with the CAC and Must Have a Corporate account to receive funding or loans from many major investors or lenders.

Without proof of a certificate of incorporation, an application for a business license may not succeed.

You can get your business registered with the Corporate Affairs Commission (CAC) within 7 working days and you can also Create a Business account within 5mins without all the Stress with Mintyn Online Bank.

Download the Mintyn App and Click on Register your Business today.

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