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. Registering the business name once you’ve obtained the best one is highly advisable. The main reason you need to register the company’s name is because that is the law and you ought to follow the law. It is also important to note that majority of the people who want to do business with the company will want to know the person behind the company hence the reason for registration of the name. 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 tips you may want to consider when registering your company or business name.
Filing a DBA with your state has been found to be one of the easiest and simplest ways of registering a business name.This is also known as 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.
Another way is by creating an official business structure. You’ll be able to register a business name with a state automatically the moment desired to form an LLC or corporation. Proving that the name you have chosen for your business is not used by any other company or business is the only requirement by the state. 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. 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.
Trademark acquisition is one of the ways you will be able to register a business name. One of the things you need to know is that the moment you acquire a trademark the business name will automatically be registered for you. This means that you will be able to use the business name legally and no one will be able to take it from you. One consideration you need to make is that the name you’re planning to use your business is not in use by any other business.