Does Your Business Have A Doing Business As Dba Name

Does Your Business Have A Doing Business As Dba Name Knowing the difference between a trade name and a business name is important Here s what you need to know Featured Partners Advertisement Pricing 0 State Fees Service Time Varies By

In some cases you don t need to file a DBA if your business name is a combination of your name and a description of your product or service In Gordon s case if his business were called Gordon Flanders s Gardening Services he wouldn t need a DBA DBA meaning Using a trade name vs a legal name for your business Every business has a legal or true name In the case of a sole proprietorship or partnership that legal name is the name of the business owner or owners

Does Your Business Have A Doing Business As Dba Name

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Does Your Business Have A Doing Business As Dba Name
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A DBA doing business as name is useful for any business that wants to rebrand or relaunch without creating an entirely new business entity It s also useful for small businesses that 1 Secure an Identification Number An identification number is required when filing a DBA It is used for filing business tax returns Using one s Social Security Number is not advised because for one thing it exposes the owner to identity theft 2 Register the fictitious name

In most cases the total cost to register your business will be less than 300 but fees vary depending on your state and business structure The information you ll need typically includes Business name Business location Ownership management structure or directors Registered agent information Doing business as or DBA is a fictitious name that lets you use a name for your business without creating a formal legal entity such as a corporation partnership or LLC You may need the DBA to open a business checking account and you ll be able to get a business phone listing for your chosen business name

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A filing for doing business as DBA serves as a formal and transparent method to officially register a business name either with the state or a local governing body such as a county A DBA name is also referred to as an assumed name fictitious business name or trade name A DBA or doing business as comes into play if for example CO is committed to helping you start run and grow your small business Learn more about the benefits of small business membership in the U S Chamber of Commerce here Published April 25 2023 DBA stands for doing business as It s a way to give your business a name other than your own Learn why you may want to register a DBA for

Insights Stories You ve decided to start a new business You have a great idea put together a talented team and now need to pick a name Although a seemingly simple task there are legal terms and acronyms you need to familiarize yourself with as you settle on a name for your business Choosing a doing business as name or DBA is one of the first steps you ll take when establishing your business and it s also a good branding move Some people choose to use their own

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Does Your Business Have A Doing Business As Dba Name - Once you ve filed a DBA you can do business under your new DBA name But you can also still do business under your official LLC name The coffee company might continue to conduct its importing business under the LLC name even though it uses a DBA for its coffee shop