Note that before filing your incorporation documents, you can do a name search with the state to see if the name you want to use is available. You may be able to retain a name (for a fee) until you can submit your documents, but this is not a formal record of the name. The biggest disadvantage of a trade name is that in most states, registering a trade name does not give you the exclusive right to use that name. If your official business name is Sandy`s Ice Cream LLC, but your business name is Yummy Ice Cream, any other company could also use that trade name. In some States, the first company to register a DTA has the right to do so. You may have been calling yourself Yummy Ice Cream for a year before you registered it, but if Tia`s Ice Cream LLC has already registered Yummy Ice Cream, you can`t use it if your state has this rule. Having a business name has certain advantages. This allows you to legally see what your customers might call your business, as they are likely to drop the designation “LLC” or “Inc.” By registering a business name, you can freely use the trade name without fear of misidentifying your business. The operational name of a business as opposed to the legal name of the business. Some states require fictitious DTAs or business name registrations to protect consumers who do business with the business. If you`re starting a business or LLC, you`ll need to register your company`s legal business name with your state. Name registration is simply part of your official business or LLC incorporation records.

Whatever name you use in these submissions, it is your official name. Separate registration is not required. You don`t need to have a business name; You can easily do business with your full official name. However, if you decide to use a business name, you will need to register it with your state or county. To protect consumers (so they can determine who actually owns a company they`re interacting with), you`ll need to file a fictitious name statement (sometimes just called a DBA application) by filling out a simple form, paying a fee, and sometimes placing a legal notice in a newspaper. When you`re starting a business, you spend a lot of time choosing the perfect name – but the name you choose may not be the name your business is known by which you are known. This is the difference between a trade name and a business name. A legal document that indicates the operational name of a company as opposed to the legal name of the company. In the case of a corporation, a fictitious corporate name is a name other than the name specified in the articles. Registering a trademark can protect your business name.

Learn how to get started with this easy-to-follow explanation of how the signup process works, how much it costs, how much it takes to time, and more. Start by deciding what you want your name to communicate. To be most effective, your company name should reinforce the key elements of your business. The first and most important step in choosing a name is deciding what your business is. The only way to be sure that you can have exclusive rights to a trade name is to register it as a trademark, which is a more complicated and expensive process that you can do with your state`s trade office. If you`re starting a new business, you`ll need to choose a name that can be used in your state and doesn`t go against another company`s brand. Company names often have abbreviations behind them, including LLC and Inc. Find out what these abbreviations mean and how an LLC differs from a corporation. The official name is the official name of your business, which identifies it to the government. If you have a business, your name probably includes the designation “Inc.”, such as Cute Boots Inc.

If your business is an LLC, your name probably ends with “LLC,” such as Valley Woodwork LLC. What`s in a name? If you`re in business, your business name is probably one of your most valuable assets. An effective name is one that establishes a strong identity and describes the type of business you run. It`s not uncommon for businesses to undergo one or more name changes as they grow. Name changes may reflect a change in the direction of your business or a change in the market. In his early years in the footwear business, Philip Knight named his athletic shoe company Blue Ribbon Sports when their main business was to distribute Japan`s Onitsuka Tiger in the United States. Later, Knight decided to market his own line of shoes, which he named after the Greek goddess of victory. He eventually changed the company name to Nike Inc. A trade name is usually simply the name of the company where “Inc.” or “LLC” is omitted.

So if your business is registered as Tasha`s Dog Grooming LLC, the name on your building`s sign, listings and receipts. The name your customers know is probably just Tasha`s Dog Grooming. If your company has an “Inc.” or “LLC” at the end, you may find that you drop these letters when promoting or discussing your business. In order to protect yourself and your business name and comply with legal requirements, you will need to complete additional paperwork to cover all the names you use. A business can have both a legal or registered name and a business name – but these have important differences and registration requirements that exist to protect you and your customers. Forming an LLC is a great way for business owners to limit their liability for corporate debt. Here is a step-by-step guide to forming an LLC. The creation of certain business entities, the registration of an adopted name or the registration of a trademark can provide you with the protection of a trade name. The official name of your business is the name you use on the documents you submit to start your business.

If you own a corporation, this is the name on the corporation`s documents that you file with your state, including the articles of incorporation.