Majority of entrepreneurs understand that registering business name has many great benefits especially here comes to rounding of your company. Whenever starting up a company or a business many people tend to spend a lot of time or even sleepless night in trying to obtain a good and a perfect name for the company. 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. Many people want to know who they associate with especially when they transact with the company hence it is important that you register the name of your business. If you fail to register your business name there is a high likelihood that someone may pick it and use it for their businesses. Below are some of the ways in which you can register your business name.
The easiest way to register the name of your business is by filing a DBA with your state. This is commonly referred to as the fictitious business name. As a sole proprietor filing DBA with you state will be beneficial to you in the sense that you’d be able to use the business name without having to undergo formal entity creation.
Coming up with an official business structure is another way of registering a business name. You’ll be able to register a business name with a state automatically the moment desired to form an LLC or corporation. The only thing that the state will require from you is to prove that the name that you’re planning to use for your business does not belong to any other business. This is important in the sense that your brand and name will be protected since the moment the LLC is approved and the name registered nobody will be able to use your name. This implies that you will be able to use the name in other states since registering it with one state will be enough hence expansion of your business will not be a problem.
Another avenue of obtaining your business name registered is by acquiring 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. Before applying for trademark it is important that you ensure that the name you’re planning to use for your business is not used by any other business.