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Video instructions and help with filling out and completing form 306 nd
Music welcome to fundamentals of entrepreneurship one of the most exciting courses in the University of Ghana and globally entrepreneurship is an exciting phenomenon this session eights from session one to session seven we've introduced you to quite a number of concepts now in session seven the last session that we just finished we looked at how do you raise money for your business or some of the options are available for you to source funding and it's absolutely important for you to understand that having raised the money how do you now become a legal entity how do you now start the business so it's important for us to understand that these are legal issues and you really need to pay attention to everything we are going to discuss here I'm going to spend just a few minutes here because this session is going to be extremely practical will direct you to a website where you can do everything for yourself so having gotten a business idea from session for that dr. wahrman took you true having gone through the business model canvas from session 5 having looked at the business plan having raised money how do you now go and start executing as a business you need to register so let's see how the registration process looks like so the first point is that you need to know what type of business it is and how you are going to register and decided on the kind of business they are going to register they are certain key issues that you need to understand now these are easy links that help you to understand the business registration process you can see the hyperlink the first hyperlink is our DG don't golf don't cheat at this Registrar general's departments okay of the Republic of Ghana so even if you google registered in our department it would take you to the link that I'm support I'm just about to take you to so just look at a link and then let's follow so in traditional business in Ghana I just have to click on this link so in regular business you go to the Registrar general's Department's website you click on the link the link provided in the slide you click on this link and they need to take you to we take you to the register general department website now you need to explore this whole website because it will help you if you want to go to the steps of registering your business but when you come here these are forms that you can download download forms on the right in the middle here at the right side these are download forms that forms I can download the first form is that 10 form already called a tax identification number form it will help you to register your business without the tax identification number there is no way you can register business so once you click on it.