Learn How to Register a Business Name in 3 Simple Steps
After choosing a name for your new business, the next step is to register it.
Why?
That’s how you can protect your business name.
What’s more?
Due to the desire to earn more money and be their own bosses, 2 in 5 Americans plan to start a business. Registering your business name will prevent other aspiring entrepreneurs from using it.
However, registering a business is easier said than done.
Don’t fret—there are a couple of ways to accomplish this.
Here is a simple step-by-step process on how to register a business name.
1. Register Your Business Structure
One of the simplest ways to register a business name is to form a business entity and register it at the state level. This will prevent other people from using or registering it.
In this case, you need to choose between a Limited Liability Company or Corporation.
You can also set up your business as a Partnership or Sole Proprietorship.
In either of these types of business entities, you will need to file paperwork and pay the registration fees.
Have a look at this simple guide from GovDocFiling to help you understand how you can easily register a business entity.
2. Register a “Doing Business As” Name
Another way to register a business name is to file a “Doing Business As” or assumed name.
Registering a DBA or fictitious name will enable you to operate your business under a name that’s not legally yours.
You can use this tactic in case you want to change your business name later.
In fact, it’s a good tactic for sole proprietors who prefer not to use their full name as their business name.
You can accomplish this at your county or state agency.
3. Trademark Your Business Name
Another way to register your business name is to trademark your business.
When you trademark your business, you prevent anyone from using any symbol, word, or expression that’s associated with your business.
You can also use it to protect your business logo, slogan, symbols, colors, etc.
Besides, a federal trademark will provide nationwide protection for your business name.
You can choose to register for a state trademark or national trademark or both.
Conclusion
Learning how to register a business name can be beneficial in a host of ways.
Apart from protecting your business name from unauthorized use, it prevents any other business owner from using it for their own business.
It’s also a requirement by state law.
Follow the steps we outlined above to register your business. You can get more details from this infographic by GovDocFiling.