Want to register your business name? We've compiled 5 essential steps to lay a solid foundation, ensuring legal recognition, protection, and brand credibility.
A business name is the foundation of your brand, influencing how customers perceive and remember your enterprise.
And what this means to you and your risk is, when choosing a business name, you should think deeply on your needs about its relevance, simplicity, and, above all, authenticity.
That's because people prioritize authenticity. In fact, a recent study reveals that 88% of people consider authenticity as a necessary factor when choosing brands to support.
Once you've identified a suitable business name, the next step is to register it with the state to ensure legal recognition and protection.
To assist you through this process, we've compiled 5 simple steps to guide you through the process.
Keep reading!
1. Choose a Unique Business Name
Before you register your business name, you should start by carefully selecting a one-off name for your business.
You should opt for a sleek, short, and on-point name. The chosen name should align smoothly unified with your products or services to make it easy for customers to remember. Before proceeding, check with the state to confirm the name's availability, preventing potential legal issues.
2. Register Your Business Name with Your State
Registering your business name is a necessary step for legal recognition. But before that, you should choose a suitable business entity such as a sole proprietorship, LLC, or corporation.
Once you've decided on the right entity, proceed by initiating the business registration process with your state, and filling out the necessary paperwork.
Also, it's necessary to obtain an Employer Identification Number (EIN) at this point, as it eases various tax-related aspects of your business.
The business registration process may be a bit challenging. And for that, you may need to hire a well regarded agency to simplify the procedure. GovDocFiling explained the complete procedure of how to apply for an EIN tax ID and get it smoothly for your business.
3. Apply for Doing Business As (DBA) Name
Acquiring a DBA name allows your business to operate under an alternative identity, providing operational flexibility.
This is especially useful for rebranding or maintaining a separate identity from your legal entity.
DBA registration promotes transparency in business practices and ensures compliance with regulatory requirements.
4. File for Trademarks
Securing trademarks is necessary for protecting your brand identity.
It allows you to legally safeguard your brand colors, logo, and other distinctive elements, ensuring exclusive rights.
5. Obtain a Matching Domain Name
For your business to operate effectively in our world, you need to establish a visible online presence.
To achieve this, securing a matching domain name is necessary, enabling you to create a website.
Doing so improves your brand's credibility. Also, it allows your business to connect with a broader audience.
Registering your business name is a necessary step in building a strong brand identity.
Find opportunities to go for the mentioned steps when you need to register your business name to set a solid foundation for your business and establish credibility in the marketplace.
Author Bio:
Brett Shapiro is a co-owner of GovDocFiling. He had an entrepreneurial spirit since he was young. He started GovDocFiling, a sleek resource center that takes care of the mundane, yet important, formation documentation for any new business entity.