In most cases, your entity name registration protects your business and prevents anyone else in the state from operating under the same entity name. However, there are exceptions pertaining to state and business structure. Check with your state for rules about how to register your business name.
Does registering a business name protect it?
Registering a business name doesn’t give you exclusive rights to it. Learn the difference between a business name and trade mark and how you can best protect your brand.
Does an LLC Protect your brand name?
When you incorporate, form an LLC, or file a DBA (Doing Business As), this process registers your business name with that state’s secretary of state. … It prevents anyone else from using the name within the state, but it doesn’t offer any kind of protection in the other 49 states.
Is it better to use your name for a business?
Using your own name maximizes the value of your personal credibility as a respected and reputable supplier in your market. … Makes your business memorable: Your own name is so specific that it helps people remember your company, especially if they already know you as an individual or if your name is distinctive.
Can I register a business name and not use it?
You can register your business name with your state, which is basically a process of reserving it so no one else can use it in your state.
How can I make sure my business name is not taken?
Use the USPTO’s free trademark database.
You can search for federally registered trademarks by using the free trademark database on the USPTO’s website.
Do I have to put LLC on my logo?
In short, the answer is no. In fact, none of your branding/marketing needs to include “LLC,” “Inc.” or “Ltd.” If it is included, this may look amateur. Think of national brands such as Target, Starbucks, and Honda. These companies consistently work to simplify their image and best represent their brand.
Is it worth trademarking a business name?
Securing a registered trademark protects your brand, and provides you with the tools to prevent someone using similar signs and riding off the back of your business. If you do not protect your trademark by registering it, then you may find you are legally prevented from expanding your business.
How do I protect my business name and logo?
Trademark. A trademark can protect the name of your business, goods, and services at a national level. Trademarks prevent others in the same (or similar) industry in the United States from using your trademarked names.
Why you shouldn’t name your business after yourself?
“The biggest con of naming a business after yourself is that people expect you to be involved,” says Grant Stanley, CEO of Bric in Omaha, Nebraska. “Customers expect to have access to you, and employees expect you to be heavily involved in the production process. This can limit your growth.”
Should your LLC be your name?
Most states require that you include in your name an indication that your business is a limited liability company. In order to do this, you’ll need to include either the phrases “limited liability company” or “limited liability,” or abbreviations such as “LLC” in your company name. Restricted words.
What are some disadvantages of the business name?
Following are some other possible disadvantages associated with business name choices:
- Personally identifying the owner may be problematic if the business fails.
- Protection under trademark laws may be limited.
- May limit the potential for future expansion into other products and services.