WHY SHOULD YOU REGISTER YOUR BUSINESS AS A COMPANY?

This I will share as bullet points!
1. It will give your business a legal identity/ status. The business itself will be able to own property, to borrow money etc.

2. It will safeguard the name of your business. The moment you incorporate it, no one else can use the same name which allows you to build a brand around it.

3. When you form a Company it will be easier to access opportunities, such as loans (banks prefer to deal with Companies),  contracts (because the Company is verifiable, it exists), tenders and financing opportunities through business expansion.

4. You will be able to register for licenses for example investment, trading and taxation licenses.

5. It allows your business to have better marketing and advertising opportunities for increased clientele.

6. It improves your chances of being competitive in the regioinal market.