DIFFERENCE BETWEEN ENTERPRISE AND LIMITED COMPANY IN THE CONTEXT OF CAC
Do you know the difference between a Business Name AKA Enterprise and Limited company? Most people don’t. Babel Consult does! (If you already know the difference, and want to get started on a name reservation for a business name then click here ) What is a business name? Business name registration allows a person or company to operate under a separate name. Let’s say your name is “Mustapha Ngonadi”. Mustapha sells fine leather shoes. Mustapha feels that it would be more professional to operate under a new name. Mustapha decides that “Italian Leather Goods”is a good name and proceeds to register it. This means Mustapha can invoice his customers under “Italian Leather Goods” and not “Mustapha Ngonadi”. Mustapha’s official documents read as follows: “Mustapha Ngonadi” trading as “Italian Leather Goods” Business name for a pre-existing company Let’s say there’s a company called “Tea House Limited”. Tea House only sells tea through its chain of stores.
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