What is the Trade Name, How to Get It?
A trade name, also known as a doing business as (DBA) name, is a name that a business uses for commercial purposes that is different from its legal name. It is often used by sole proprietors and small businesses to operate under a name that is different from their personal name, or to create a brand name that is separate from the legal name of their company.
Why Get a Trade Name?
There are several reasons why a business may choose to register a trade name:
- To create a separate brand name for their business
- To avoid confusion with other businesses with a similar name
- To protect their personal name and reputation
- To comply with local and state regulations
How to Get a Trade Name
Getting a trade name typically involves registering the name with the state government where the business is located. The specific steps to obtain a trade name can vary depending on the state, but generally include:
- Choosing a unique name that is not already in use by another business
- Checking the availability of the name with the relevant state agency
- Filing an application to register the trade name
- Paying a fee for the trade name registration
- Complying with any additional requirements, such as publishing notice of the trade name in a local newspaper
Conclusion
A trade name is a valuable tool for businesses that want to operate under a name that is different from their legal name. Whether you are looking to create a brand name, avoid confusion with other businesses, protect your personal name, or comply with local regulations, getting a trade name can help you achieve your goals. By following the steps to obtain a trade name in your state, you can ensure that your business is operating under the name you choose and that you are in compliance with all relevant regulations.
