Business News of Saturday, 10 July 2021Source: www.ghanaweb.com• The Registrar General has urged young entrepreneurs to form a partnership business• Jemima Oware said through that, parties can exchange ideas that could help the business grow• More than 300,000 companies have been confirmed as dead companies in the register of the Registrar General’s DepartmentThe Registrar General, Jemima Oware, has advised young entrepreneurs to consider forming a partnership rather than going into sole proprietorship. Speaking on Accra-based JoyNews in an interview monitored by GhanaWeb, Mrs Oware said young entrepreneurs should concentrate on partnerships since it does require stringent conditions and both parties could share ideas that can help the business grow. “I’d advise that young people stay with business name or partnership and as the business grows, you can always change it into a limited liability company. She also added that partnerships will help the parties involved save themselves from the expensive returns that companies make every 18months. Meanwhile, the Registrar General’s Department has confirmed that more than 300,000 businesses are now dead firms.

Source: GhanaWeb July 10, 2021 13:17 UTC