Advantages of forming a DBA
Your business name is how customers find and recognize you, so a unique
DBA name will have a positive impact for your company.
Increased Credibility:
A well-chosen name can enhance the credibility of a business, especially for sole proprietors and general partnerships.
Branding Purposes:
There are numerous ways that a DBA can assist a company's branding efforts, such as expanding and growing your business.
Open Financial Accounts:
Many banks require sole proprietorships and general partnerships to take on a DBA before opening an account.
Multiple Names:
A DBA allows companies to effectively run multiple branding campaigns, or even separate businesses.
Included in all DBA Orders
Verification of Name Availability * Preparation of Required Paperwork * Filing with the Appropriate Agency * Dedicated Business Specialist
DBA FAQs:
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Is acquiring a DBA ever mandatory?
A DBA is mandatory any time that an organization wishes to transact business under a name other than their incorporated name.
While it isn't mandatory for sole proprietorships and general partnerships to acquire DBAs, there are some severe limitations placed on them if they do not have one. Without a DBA, these types of business cannot typically open a bank account with most institutions, and must represent themselves strictly as the owner's personal name(s).
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Are there any publication requirements involved?
Some states require that any business that acquires a DBA run a public notice in a local newspaper. Depending on where you are located, the exact details will vary. Free Your Mind Services DBA service DOES include the fulfillment of any publications that your local jurisdiction requires.
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What exactly is a doing business as (DBA)? Do DBAs grant exclusive rights to the chosen name?
A Doing Business As (commonly referred to as a DBA, assumed name, fictitious business name, or trade name) provides businesses a legally recognized way to conduct themselves under a name other than the incorporated name.
Filing for a DBA prevents other organizations from using the business name in your local area. This is ideal for businesses that have long-term branding or marketing plans. It is recommended that you explore registering your business name as a trademark if you would like to protect a name from being used by other organizations outside of your area.
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Why would a formal business entity file for a DBA?
Filing for a DBA allows formal business entities such as LLCs and corporations to represent themselves with multiple names. This is beneficial if the company is offering unrelated products and/or reaching out to different demographic groups.
You will need to file your DBA at either the state, county ,or city level depending on the location of your business. It should also be noted that you might need to obtain a DBA to operate locally if your business was established in a foreign state.
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What does filing for a DBA involve?
The first step in filing for a DBA is to do a preliminary check for name availability in the jurisdiction in which you will be filing. If your desired name is available, you will then fill out the required paperwork with the appropriate agency and pay any related fees. Some jurisdictions will require that you publish a notice (or notices) of your company’s new alias in the local newspaper(s). Free Your Mind Services DBA filing service can complete this process for you as efficiently and as quickly as possible.