The truth is that starting a business is very exciting.

It even sweeter when your idea is rewarded immediately with client or payment.

Like, you feel on top of the world and start to fantasize how to take over the world.

But pause for a moment a think of this…

“What would be the right Legal structure for my business to take?”

This is very important.

In fact, it would be one of the defining questions you will ever ask in your business.

Not clarifying the legal structure early on is a rookie mistake that could cost you everything later.

and no, it’s not just paperwork. It’s foundational.

Are you registering a Business Name, a Private Company Limited by Shares, or something else entirely?

 Each option has different implications for ownership, liability, taxation, fundraising, and even how you and your cofounders can legally exit.

Using the Nigerian legal system as a case study, these choices are not one-size-fits-all.

That’s why you shouldn’t “Google it and hope for the best.”

 Talk to a lawyer. And not just any Lawyer...

but one who understand the business space and can give you professional guidance on what structure best suits your startup goals, your funding plans, and your long-term vision.

I must say at this point that if you are serious about what you are building and considering giving equities, bringing partners and even hope to raise funds, then “Business name” or “Enterprise” wont fly for you.

So before you rush to print business cards and open an Instagram page, get the legal side of your business right.

A good foundation makes it easier to build and way harder to break.

The best part is that we are here to help you get it right from day one.