Why is it a must for aspiring entrepreneurs to understand how to register a business name?
Because your name is one of the most important aspects of your business. It’ll always be at the center of everything you do going forward.
Furthermore, there are currently 33.2 million small businesses in the US. Registering a business name that’s unique, catchy, and easy to remember can be your competitive advantage.
What’s more, it’s also a great way to protect your business name against other people.
This guide will teach you how to register a business name the right way.
Let’s get started.
1. Choose Your Business Name
The first step for learning how to register a business name is to brainstorm the right name for your business.
Here, you will need some little (or in-depth) research to choose a name that’s relevant to your type of business.
Ensure your business name is unique, simple, and catchy. Leverage a business name generator to pick a good name.
2. Choose Your Business Entity
The easiest method for learning how to register a business name is to select an entity.
This is because when filling out paperwork for your business entity, you will be required to indicate your name. In the process, your business name will be registered.
Ideally, you can choose from the following popular business entities:
- Sole Proprietorship
- LLC
- Partnership
- Corporation
Filing paperwork for any of these business entities can be daunting hence using a business formation service like ZenBusiness can be a great idea. Read this comprehensive review by GovDocFiling to learn more about this business formation company.
3. Choose a Doing Business As (DBA)
Another simple way to register a business is by filing a DBA or assumed name. This is a name other than the legal name that you can use to carry out daily business activities.
It’s a preferred option for sole proprietorship business owners who don’t want to use their legal business names.
4. Purchase a Domain Name
Once you have successfully registered your business name with the state’s secretary, register a domain name for it. This is especially important if you plan to create a website for your business.
Ideally, you should use your business name as your domain name to make it easy for your customers to identify your business online.
5. Trademark Your Business Name
Understanding how to register a business name will help you protect your business at a state level. But if you want to protect your business at a national level, trademark your business name.
Conclusion
Even though knowing how to register a business name can be challenging, it can be beneficial in many ways.
Follow this simple guide to accomplish that much more easily.
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