Question: What Is Difference Between Trade Name And Business Legal Name?

Does my business name have to be unique?

If you are satisfied that the name you want to use is unique within your industry, then you should feel pretty safe about using it.

However, if you have found evidence that there may be another business that is already using your business name, or a very similar name, then you should be careful..

Registering your business name for a trademark isn’t required in order for you to have trademark rights. However, a registered trademark can provide greater protection for your brand while helping you build your brand and drive business growth.

Can I use a business name without registering it?

Most people think that businesses have to register a business name. … You can always trade using your own name or your company name and it is not necessary to separately register a business name.

What is the difference between a business name and a trade name?

The business name is the legal name of the entity. Owners often register a trade name under which to operate their business. … For example, John Smith owns a small business with a trade name (or DBA – “doing business as”) Smith’s Accounting Services.

What is my trade name?

What is a Trade Name? A trade name is a name the business uses for advertising and trade purposes, with clients, vendors, customers, and the public. Its trade name is the name the general public sees, on signs, on the website, on advertisements. The business trade name may be different from the registered name.

How do I choose a name for my business?

Here are 12 helpful suggestions on how to come up with a winning name for your business:Avoid hard-to-spell names. … Don’t pick a name that could be limiting as your business grows. … Conduct a thorough Internet search. … Get the .com domain name. … Use a name that conveys some meaning. … Conduct a trademark search.More items…•

Can you sue someone for using your business name?

Trademark. Trademarking your business name gives you more protection than just registering it. Once you’ve trademarked it, you can sue anyone who infringes on it. Even a name that’s not identical can infringe if it’s close enough to confuse your customers.

What happens if someone trademarks your business name?

If someone uses your name, simply showing proof that you’ve trademarked the name could be enough to convince a business to choose something else. Most importantly, if you must go to court, you’ll have legal proof that you registered the name. However, you don’t have to trademark your business name to protect it.

The legal name of a business is the official name of the person or entity that owns a business. If you are the only owner of your business, then its legal name is simply your full name. … For limited partnerships, LLCs, and corporations, the legal name of the business is the name registered with the state filing office.

What is the difference between company name and business name?

The difference between a trading name, business name and company name. A business name is simply a name under which you conduct a business. … A company is a separate legal entity registered with ASIC.

What is a trade name example?

A trade name is generally considered the name a business uses for advertising and sales purposes. A trade name is sometimes referred to as a “fictitious” or “doing business as (DBA)” title. For example, “McDonald’s” may be the trade name, but the legal name is “McDonald’s Corporation.” A trademark is a brand name.

Can 2 businesses have the same name?

Because business names are registered on a state-by-state basis, the fact that a company in another state has the same name as yours is usually not a cause for concern. However, you are right in that there could be intellectual property issues (namely, trademark) when two companies have the same name.

How do you create a trade name?

How to Register a Trademark for a Company NameTo register a trademark, go to the U.S. Patent and Trademark Office’s Web site, www.uspto.gov.Don’t add a domain extension to your trademark to prevent others from registering the same name by adding another extension.

What is a trade name in a business?

A trade name is the official name under which an individual as a sole proprietor or a company chooses to do business. A trade name is commonly known as a doing business as (DBA) name.

Do I need to register a trading name?

You need to register a business name if you conduct business under a name other than your own. A business name, also known as a trading name, is a name or title under which a person, or other legal entity, carries on business. When you register a business name, you register it nationally.

Can I use a different name for my business?

If a business owner wants to operate under a different name other than the company’s legal name, they can use a trade name instead. … If you want to operate under a different name than your legal business name, register a trade name for your company. Every state and county has different rules for registering a DBA.

How important is a business name?

Your company name plays a monumental role in a brand’s growth and perception, meaning it can completely make or break a company. It’s amazing how crucial a name can be. It plays a monumental role in a brand’s growth and perception, meaning it can completely make or break a company.