{"id":6139,"date":"2023-11-17T08:36:00","date_gmt":"2023-11-17T08:36:00","guid":{"rendered":"https:\/\/thewealthcircle.com\/?p=6139"},"modified":"2023-11-17T08:57:18","modified_gmt":"2023-11-17T08:57:18","slug":"trade-name-for-business","status":"publish","type":"post","link":"https:\/\/kiiky.com\/wealth\/trade-name-for-business\/","title":{"rendered":"What Is A Trade Name For Business? Registration, Procedures","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n
A trade name, also known as DBA, is the name that a business trades under for commercial purposes. In most cases, a business name differs from a trading name.<\/p>\n\n\n\n
In this article, we’ll take you through the process of registering a trading name for the business.<\/p>\n\n\n\n
Before we go on to state how to register a ‘trade name’, let’s go on to define a trading name.<\/p>\n\n\n\n
A trade name otherwise known as a trading name or business name is an alias used by companies that do not want to operate under their registered company name.<\/p>\n\n\n\n
According to thebalancesmb<\/a><\/strong>, a trading name is a name a business uses to identify itself to the public. It is also known as \u201cfictitious name\u201d, \u201cDBA\u201d or \u201cD\/B\/A.\u201d(Doing Business As)<\/p>\n\n\n\n A trade name is usually registered with the county where the business is located, as a trading name.<\/p>\n\n\n\n MUST-READ: 23 Small Business Ideas for Men with High Profit in 2022<\/a><\/strong><\/p>\n\n\n\n Ideally, most companies choose to have both a legal name and a trading name. Their legal name is the one that appears on government and legal forms, while the trade name is mostly used for advertising and trade purposes with clients, vendors, customers, and the public. It is what the public sees on adverts, websites, and even their products.<\/p>\n\n\n\n For example, if a company is organized as an LLC with the name \u201cRAGS Collection,\u201d and the company runs a footwear store called chuchu.exq<\/a><\/strong>, the footwear store is run under a trading name while RAGS Collection remains the business name.<\/p>\n\n\n\n SEE ALSO: 20 Cheapest Ways To Invest In yourself In 2022 | Expert Advice<\/a><\/p>\n\n\n\n Once you\u2019ve set up a company and decided to adopt a business name for either the company or any of the subsidiaries, you must file a trading name.<\/p>\n\n\n\n To register a DBA, all you need to do is go to the county recorder of the state or country where your business is located and ask for a trading name or fictitious name filing form.\u00a0<\/p>\n\n\n\n This process is usually a simple one, and in most cases, you can do it without the services of an attorney<\/strong>.<\/p>\n\n\n\n The process of registering a trading name is quite different from registering a business name where you need to tender all forms of legal documents. Registering a trading name might just require where you live, but it doesn\u2019t offer any legal protection, unlike the business name.<\/p>\n\n\n\n Don\u2019t forget to add some extra bucks because this goes for a fee.<\/p>\n\n\n\n It will also be a great idea to include your trade name on legal documents while registering your company’s business name. This makes your business completely identifiable.<\/p>\n\n\n\nWhy Do Companies Need Trade Names?<\/strong><\/span><\/h2>\n\n\n\n
How To Register A Trade Name<\/strong><\/span><\/h2>\n\n\n\n