How To Register Your Business Name Effectively
Majority of entrepreneurs understand that registering business name has many great benefits especially here comes to rounding of your company. Getting a perfect and good business name is not an easy task hence majority of people spend most of their time trying to find out the best business name. Once you have picked your perfect name you need to ensure that you register that name. The main reason you need to register the company’s name is because that is the law and you ought to follow the law. Another reason why you need to register the name is because the majority of the people who’ll be transact with your company will want to know the person behind the company. If you fail to register your business name there is a high likelihood that someone may pick it and use it for their businesses. Highlighted below are some of the ways of registering a business name.
One of the most simplest ways of registering your business name is by filing a DBA with your state. The other name for this is a Fictitious business name. In an event that you are a sole proprietor filing a dba with state will be the best way for with an office you to use your business name use the business name without having to undergo a formal entity creation.
Coming up with an official business structure is another way of registering a business name.One important thing you need to understand is that when you form an LLC or corporation for your business you will automatically register your business name with the state without any complications. The only requirement for the state to approve your application is that the name should not have been processed by someone else before. This means that the moment the name has been registered and LLC approved there is no one who will be allowed to use the name again hence your brand will be protected. Expansion of your business will be much easier in the sense that the name will be recognized by other states hence it will be perfectly secured.
Another easy way of registering your business name is by getting a trademark. There is an automatic business name registration the moment you acquire trademark and you start using it. This is important because it will guarantee u protection of your business name and no one will take it from you. It is however important to note that you need to do a research to ensure that the name that you want to trademark on is not possessed by any other person.