Ans.
Following are the benefits of Business Registration: -
- 1. Establishing Business Profile of Specific area.
- 2. Setting up a single agency system for receiving the returns from the enterprises.
- 3. Analysing existing potential business markets.
- 4. Assessing/assisting market research.
- 5. Reducing administrative burden.
- 6. Improving efficiency in registration system.
- 7. Timely actual progress of Buisiness Registration and Business Statistics.