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4 Reasons Why Business People Should Travel in Style

In today’s competitive world, business people need to leave a good impression. You need to show your potential clients that you are reliable and trustworthy so they will want to do business with you. People who are new to the business scene need to work on building their unique style. Traveling in style is one of the most immediate ways for people to stand out. It allows them to be memorable in a good way and can serve as an introduction about who they are, what they believe in, and how seriously they take their appearance.

How to stand out from the crowd

Traveling for business often implies flashy dinner meetings, after-work drinks, and work-related trips. A business person’s schedule can be very hectic, leaving them with little to no time for themselves. For that reason, you need to think of your travel style as a way to express yourself. In this competitive world, the right impression begins with the transport you are using. Renting a personal driver and a car is not only helpful, but it is also a chance for you to make your statement. When visiting the Magic City look for Miami car services that can pick you up from the airport and drive you to the most important meetings and events. This will ensure your luxurious appearance while providing you with the necessary privacy to get your work done properly.

Express yourself

People judge books by their covers. No matter how the person tries to come across as witty or intelligent, if they are not dressed up, they instantly lose points. This is why business people need to dress for success. For instance, a tailored suit will always work wonders to improve your appearance and leave a good lasting impression. Wearing a well-fitting suit that matches the occasion perfectly is a great way to present yourself as a serious person who knows what they are doing. There are many companies out there that sell suits and other professional outfits, but only a few will guarantee the quality of their products.

People always follow what they see and not what they hear. This is why you need to make sure you don’t fail in terms of appearance even if you failed in something else. Keep in mind that people will form their opinion about you based on your appearance and how well you carry yourself. For instance, if a business person is dressed casually while others are wearing suits, it instantly tells the public they do not take themselves seriously enough to invest in looking like a successful person.

The importance of first impressions

When people hear the words ‘first impression‘, they think about what they say as opposed to how they look. In truth, both aspects are equally important. People who go to business meetings have a good idea of who you are before you even introduce yourself. Although you need to showcase your abilities and skills during a meeting, you must look the part. If you wear casual clothing, people will think that you are not professional enough to take on a challenging job.

Today’s competitive world requires business people to stand out from the crowd. Take a moment to think about how you present yourself and the impression you want to leave with people. Traveling in style is important as it can help you make a professional statement without saying a word. It allows people from all walks of life to know they are dealing with a successful individual who knows what they are doing.

Learn how to entertain clients

Business people who do not find the time to invest in some pampering during a busy schedule can be labelled as unprofessional. It is a good idea for a business person who travels frequently to rent a personal driver, book a luxury suite in one of the finest hotels, and order room service to make the most of their trip. This is a great way for busy professionals to unwind and relax during a long trip. It gives them time away from the daily stress of work and allows them to enjoy some much-needed relaxation without having to do anything else besides enjoying themselves.

Whether you are new to the world of business or have been in it for some time, these tips on how to travel in style can help improve your professional image. From dressing appropriately for different occasions and booking a luxury suite at one of Miami’s most prestigious hotels, there are many ways you can make an impression with little effort.

Holding a Board of Directors Meeting in Nigeria

How many members may call for a Board meeting (“the meeting”)?

Section 263 (3) of the Companies and Allied Matters Act (“the CAMA”) provides that;

“A director may, and the secretary on the requisition of a director shall at anytime summon a meeting of the directors”

Except the Articles of Association of the Company stipulates otherwise, the following persons may call for the meeting;

  • (a) Any of the Company’s Directors; or
  • (b) The Company’s Secretary upon the requisition of any of the Company’s Directors.

What is the period between dispatch of the invitation notice of meeting and the meeting?

Section 266 (2) and (3) of the CAMA provides that;

  • “(2) There shall be given 14 days notice in writing to all directors entitled to receive notice otherwise provided in the articles.
  • (3) Failure to give notice in accordance to subsection (2) of this section shall invalidate the meeting”

Consequently, the meeting shall be held 14 clear days’ after dispatch of the notice for the meeting, failing which the meeting shall be invalid.

Who should sign the invitation notice of the meeting?

Further to the provisions of Section 263 (3) of the CAMA, the following persons may sign an invitation notice for the meeting;

  • (a) The Director who summons the meeting; or
  • (b) The Company’s Secretary who summons the meeting upon the requisition of a Director.

Where should the meeting hold?

Section 266 (4) of the CAMA provides that;

“Unless the articles otherwise provide, it shall not be necessary to give notice of a meeting of directors to any director for the time being absent from Nigeria, provided that if he has given an address in Nigeria, the notice shall be sent to such address”

Since the provisions of Section 266 (4) of the CAMA provides for notice to be given only to Directors in their Nigerian address, the CAMA envisages that the meeting shall be held in any State or location in Nigeria.

Though it is the practice for Nigerian Companies to hold their Board meetings at the registered address of the Company, there is no provision of the CAMA which is against holding a Board meeting at an address in Nigeria other than the registered address of the Company.

Who should attend the meeting?

In practice, the following persons shall attend the meeting;

  • (a) The Company’s Directors;
  • (b) The Company Secretary in order to take minutes and guide the Chairman of the Board on the proceedings;
  • (c) The Chief Financial Officer to present the financial statement of the company;
  • (d) Senior officers of the Company who contribute to the running and growth of the Company;
  • (e) Any other person whose submission is important to the agenda of the meeting.

Who should be notified of the meeting?

It is compulsory to send a notice of the meeting to all the Directors failing which the meeting shall be invalidated. Once notice of the meeting is sent to all the Directors, the Director or Secretary who summons the Board meeting has discharged his responsibility under the provisions of the CAMA.

The Directors present in the meeting, may proceed to deliberate on the agenda and pass resolutions to bind the Board in the absence of some Directors, provided that the quorum stipulated in the Company’s Articles of Association has been met.

It is important to send notice of the meeting to other persons and officers of the Company whose contribution is necessary for successful deliberation in the meeting.

What are other legal and practical details for the meeting?

(a) Board Pack

The notice of the meeting is usually accompanied by a Board Pack containing the agenda of the meeting, minutes of the previous meeting, management and committee reports, financial reports, proposals and other documents which are to be discussed at the meeting. The Board Pack should be sent alongside the notice to enable the Directors and other persons invited to the meeting to adequately prepare for the meeting.

(b) Service of notice

The invitation notice shall be sent to the Directors and other persons scheduled for the Board meeting, personally or by registered post.

(c) Quorum

Section 264 (1) of the CAMA provides that;

“Unless the articles other provide, the quorum necessary for the transaction of the business of directors shall be 2 where there are not more than 6 directors, but where there are more than 6 directors, the quorum shall be one-third of the number of directors and where the number of the directors is not a multiple of three then the quorum shall be one-third to the nearest number”

This means that if the Directors of the Company are less than 6 Directors, the quorum for the meeting shall be 2 Directors. But if the Directors of the Company are more than 6 Directors, the quorum shall be one-third of that number.