Did you know that you have to register your business name with the authorities if you are using any other name than your own name to run your business? This is regulation has been put in place to make sure that the identity of the owners of all businesses is known and that those who deal with the businesses are secure. The assumed name that you select for your business is called a DBA (Doing Business As) name. Make sure you have registered before you start the actual operations. |
When you register a business name your own identity is connected with it and the government maintains records so that if in future there is a liability on your business, it can be connected to you. You are allowed to pick a name of your choice as your business name, but if the name is already taken by someone else then you will not be allowed to use that name for your business unless you are in a totally unrelated business.
That is why business naming should be done carefully and you should file dba only after checking that the name is available. For that a search for the business name can be conducted and the report will tell you whether that name is available. If the name is available you can register the business name.
Business name registration will allow you to enter into contract with that fictitious name, open bank account, and cash checks for the business name. The registered name also gives you the safety of exclusivity because no other company in the same field will be allowed to operate with that name.
That is why it is very important to have a DBA, and you should get one even before you start doing business.
Registering a business name requires you to disclose a lot of information and filling up the form itself requires knowledge of the legal framework and requirements. That is why many individuals feel lost when confronted with the paperwork. Luckily it is not vital to do all the formalities yourself and you can hire a consultant who can carry out the formalities on your behalf.
Since so many business need to file DBA, there is a pretty big number of consultants specializing in this all over America. Many local lawyers practicing company law also provided DBA filing and consultancy services. If you need advice, you can contact a lawyer or look online for help on filing a DBA.
The consultant will check your form for inaccuracies advise you on name selection as per the local laws, and help you get your dba application through as soon as possible with minimum expense.
These days even online websites have emerged to provide DBA consultancy and filing services. You can place a request online, get a quick quote, make your documents and the agency will file the DBA application on your behalf and carry out all the formalities. This removes the hassle from business name registration.
For more resources about DBA or even about doing business As, please review this page http://www.legalcpu.com.
Related Articles -
DBA, doing business As,