In some states, you must publish your DBA in a local newspaper, and submit proof that this note was published.Īpplying for a DBA is a simple procedure, but not everyone has the time to do the paperwork in person.You will have to complete the forms that they tell you and pay the required fee, which can range between $25 to $100. Contact the Secretary of State in your location: the requirements and fees to register a DBA vary depending on the state.Search the name you want to register in a database and verify that nobody else is using it.How to know if you need a DBA ? Find out here How to set up a DBA the traditional way? If it is the right one and you promote it well, it will attract new customers. The name of your brand is like a business card for your consumers. It can help you with your marketing efforts.This number is obtained by registering a DBA. To open a business bank account, your bank may require an employer identification number (EIN).It helps you meet some legal requirements: customers can ask for it before signing a contract, and some lenders ask for it when you apply for a loan.This protects your personal assets in case your company gets sued. It allows you to separate your finances from those of your business.It allows you to form a separate business identity at a low cost, without having to form a corporation or a limited liability company.In other words, it works as a pseudonym a different name than yours or the legal name under which your company is registered. What is a DBA and why do you need one?ĭBA refers to “Doing Business As.” It is also known as “trade name”, “trading name”, or “fictitious name”. Learn here how to set up a DBA with this tool.
You can do it through a platform called LegalZoom. It is a way to get the legal right to operate your company with a name different from your own.
But also, a properly registered business will help you comply with legal requirements and separates you and your business to avoid unnecessary legal liability. It will resonate in the minds of consumers: that’s why you have to make it yours, unique and memorable. If good enough, it can attract new clients and potential partners.
Your business name is more important than you may think.
0 kommentar(er)
