The 618 Bees blog
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
143 articles · Newest first
If you’re happy staying exactly where you are, you can stop reading here. But if your goal is to attract bigger clients, expand into new markets, or one day secure investment, then there’s one thing you...
Securing investment is not simply about having an innovative product or a compelling business idea. Sophisticated investors invest in businesses that are legally compliant, financially transparent,...
Corporate governance is often associated with large corporations, but it is equally important for Small and Medium-sized Enterprises (SMEs). Good corporate governance provides a framework for responsible...
As businesses grow and evolve, changes in company leadership may become necessary. A company may decide to appoint new directors to strengthen management, replace inactive directors, or remove directors who...
Running a business in Nigeria involves more than generating revenue and attracting customers; it also requires compliance with various tax obligations imposed by law. Whether you operate as a business name...
For many business owners in Nigeria, once a company is successfully registered with the Corporate Affairs Commission (CAC), compliance obligations are often overlooked until a problem arises. One of the most...
You have successfully registered your business, secured your brand, and commenced operations yet you still receive business income through your personal account. This is not considered best practice in the...
Understanding shareholding is fundamental to understanding how a company works. Whether you are starting a business, investing in one, or joining as a partner, knowing “who owns what” helps you make informed...
Starting and running a business is an exciting journey but without the right legal foundation, even the most promising venture can face avoidable risks. Many business owners focus on growth, sales, and...
As your business grows, so do your legal responsibilities, and risks. Many entrepreneurs focus heavily on sales, expansion, and operations, often overlooking the legal framework that supports sustainable...
What is NAFDAC? The National Agency for Food and Drug Administration and Control (NAFDAC) is the body responsible for regulating and granting permits for the exportation, importation and manufacture of...
When setting up a company in Nigeria, one of the key compliance requirements under the Companies and Allied Matters Act (CAMA) 2020 is the appointment of directors. A common question for business owners and...
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