Legally own a business name
How can the answer be improved?The legal name of a business is the official name of the person or entity that owns a business. If you are the only owner of your business, then its legal name is simply your full name. If you are the only owner of your business, then its legal name is simply your full name. legally own a business name
Any other name must be registered so that people can determine who owns the business. Additionally, if you want to open a bank account in your business's name, the bank will require this filing. 2. Create a Business Structure. When you are considering how to register a business name, creating a formal business structure is the most common path.
A fictitious business name, sometimes called an assumed name or DBA, short for doing business as, allows you to legally do business using a particular name at minimal cost and without having to create an entirely new business entity. Jun 10, 2015 1. Using your own name. The first and simplest business name is your own name, which might be enough for John Smith using Smith Consulting or hosting Smiths Restaurant. This kind of business name normally requires no additional paperwork, although most business owners end up registering a name anyhow to establish their legal claim to it. 2. Registering a DBAlegally own a business name Publish a notice listing your legal name and fictitious name in a generalcirculation newspaper in the county where your principal place of business is located. You must publish a notice listing your legal name and fictitious name in a newspaper. Florida law requires this step before you can register your name.
Registering your business name is usually something you can do on your own 01 Decide on a Name for Your Business. Come up with a name. 02 Check the Availability of the Name You Choose. 03 Using a Fictitious Business Name. You may have to file a fictitious business name statement 04 Registering legally own a business name Register your business name to protect it. Entity name protects you at state level Trademark protects you at a federal level Doing Business As (DBA) doesnt give legal protection, but might be legally required Domain name protects your business website address Each of these name registrations are legally independent. The legal change of business name is only one part of the process. The other part is going through all the places where your business name is displayed to the public and making those changes. If you own a corporation, (including an S corporation) you can change your name when you file your tax return (on Form 1120), or you can write to the Jul 19, 2013 Your states office has a form for changing your business name. States have different names for these forms. Go to USA. gov to find a link to your states office. There will likely be a fee for the name change. 3. Change licenses and permits. Nearly all businesses have licenses and permits with various levels of government. The most important reason to register your business name is because thats the law. Generally speaking, the public needs to know who is behind a company. The one exception is when a sole proprietor conducts business with his or her own name; so if Jane Doe runs an accounting business as Jane Doe, theres no need to register that name.Rating: 4.66 / Views: 629