Why Regulation Of Businesses Is Very Important?

[Good-Person]

Without having your business registered, it is always going to be very difficult for your business to get investors especially if you have plans of getting investors who are going to be committed financially to your business and help to promote your business operation in the line of trying to make profit from your business.

The main problem here is that you must not only get your business registered. You also need to get your business regulated as well. I have seen many people registering scam companies as well and this also includes many High Yield Investment Programs as well that claim to be registered. However, in reality they are scam programs.

 

[Heatman]

The main problem here is that you must not only get your business registered. You also need to get your business regulated as well. I have seen many people registering scam companies as well and this also includes many High Yield Investment Programs as well that claim to be registered. However, in reality they are scam programs.

When it comes to business regulation, I believe that it's something that most governments are usually the one that does it because they are always looking for ways to give other businesses chances of survival in terms of competition that is going on in the market where those businesses are all set up to operate. When it's about stopping scams, it's their duty.

 

[Good-Person]

When it comes to business regulation, I believe that it's something that most governments are usually the one that does it because they are always looking for ways to give other businesses chances of survival in terms of competition that is going on in the market where those businesses are all set up to operate. When it's about stopping scams, it's their duty.

This is why being a registered company is quite different from being a regulated company. I have been scammed by a few HYIP companies that claimed to be registered. They even had a certificate of registration on their website! They also offer a link that you could visit in order to confirm this. Despite this, they still manage to scam people.

 

[Heatman]

This is why being a registered company is quite different from being a regulated company. I have been scammed by a few HYIP companies that claimed to be registered. They even had a certificate of registration on their website! They also offer a link that you could visit in order to confirm this. Despite this, they still manage to scam people.

It's very unfortunate that those HYIP companies that are scams are left to operate in the country when they are not registered. The government business registration agencies will not say they are not aware of the HYIP company's existence but they will do nothing until people are scammed millions of dollars.