Establishing your business formally involves several key steps, with registering your business name being paramount. This guide outlines the process of choosing, verifying, and registering your business name effectively.
Table of contents
Checking Name Availability
Before registering, ensure your desired name is available. Search state and federal databases to avoid conflicts. This crucial step saves time and potential legal issues.
Registration Process
DBA, Sole Proprietorship, or Partnership: File with the relevant state or county department. Requirements vary, so research your specific location’s guidelines.
Essential Steps
- Choose a Unique Name: Ensure it aligns with your brand and is memorable.
- Verify Availability: Check state and federal databases.
- Register: File the necessary paperwork with the appropriate authorities.
- Safeguard: Protect your registered name to prevent unauthorized use.
Legal Requirements and Compliance
Stay compliant with state and federal laws. Understand the legal requirements for your business structure to avoid penalties.
Sole Proprietorships
Registering a business name is mandatory under the Commercial Register Ordinance. The family name must be part of the company name.
Partnerships
General and limited partnerships have more freedom in choosing a name.
Corporations
Commercial register entry is required. The commercial register identifies companies and ensures trust in business transactions.
