Zambian Company Formation and Management Consultants

This page explains in outline what a company's main constitutional document will contain and why it is important to ensure that your company has the right provisions in its articles.

The principal benefit of trading via a limited company has always been the limited liability bestowed upon the company's officers and shareholders. As a sole trader or other non-limited business, personal assets can be at risk in the event of a failure of the business, but this is not the case for a limited company.

Keep Personal and Corporate Matters Separate
After you have incorporated your business, it must remain financially and legally separate from any of its shareholders in order to preserve the benefits and protections of corporate legal status.

The company register (Companies Form II) is one of four documents that need to be produced when registering a company and this will contain the location of the registered office, the details of the consenting Company Secretary and Director(s) as well as details of the subscribers and share capital, if it is a company limited by shares.

Whether you're preparing to launch a startup or want to grow your business, one thing is for certain: You’re going to need money.

Risk is one of the most overlooked areas in small businesses in spite of the fact that it is clear to most small business owners that operating any business involves risk.

Objectives set out what the business is trying to achieve.

Are you an entrepreneur? There are certain traits and attitudes that make some people more suited to running a successful small business than others.

Bank Financing

Banks like stable, consistently growing businesses with proven business models and lots of collateral (equipment, land, buildings).

Business finances are managed through techniques like capital budgeting, financial planning, budgetary control, cost variance reports and financial analysis.