Business registration is the process of officially recording a business with the appropriate government authorities. This step is essential for establishing a legal identity for the business, allowing it to operate within the law. Registration often involves choosing a business structure, such as a sole proprietorship, partnership, or corporation, and submitting necessary documents, such as a business name and tax identification number. Once registered, a business can access various benefits, including the ability to open a business bank account, apply for licenses, and secure funding. Additionally, registration helps protect the business name and provides legal protections for the owners.