Quick Answer: Should I Use My Name For My Business?

Does your LLC name matter?

California.

You will need an original name for your LLC that is not used by another LLC in California.

Conduct a California business entity name search to find out if another company is using your top business name choice before you register it..

Should I use my name or a business name?

The benefits of using your given name for your freelance business. For most freelancers, using your actual name is the best way to go. Not only is it great for personal branding, but it just makes your life easier. You’ve got clients and confusing tax forms now — You need something simple in your life.

How do I get a catchy business name?

You can use the keywords in your business name Here are a few other naming options to consider:Include the names of the company founders.Use a single word.Change, add, or remove letters from keywords.Combine two or more words.Use a metaphor.Create an acronym.

Does a sole proprietor need a business bank account?

You need a bank account for business if you operate under a doing business as (DBA) name. … If you operate as a limited liability company (LLC) or a corporation, you must open a separate business account. Sole proprietorships and partnerships without DBAs are not legally required to open a business bank account.

How do the owners of an LLC get paid?

As the owner of a single-member LLC, you don’t get paid a salary or wages. Instead, you pay yourself by taking money out of the LLC’s profits as needed. That’s called an owner’s draw. You can simply write yourself a check or transfer the money from your LLC’s bank account to your personal bank account.

How do I name my small business?

10 Tips for Naming Your Startup or Small BusinessThink about what you want your business name to convey. … Brainstorm to identify name possibilities. … Keep the name short, simple, and easy to write and remember. … Avoid names that are too narrow or too literal. … Avoid decisions by a committee but do “test” your company name with others. … Avoid plain words.More items…

Which name is good for business?

25 Free Business Name Generators to Find the Best Brand NamesOberlo.Shopify.Cool Name Ideas.Name Mesh.Wordlab.Freshbooks.Getsocio.Brand Root.More items…•

What are some catchy words?

999 Catchy Words ListSuddenly.Now.Announcing.Introducing.Improvement.Amazing.Sensational.Remarkable.More items…

Can I use my middle name for business?

If you own your own company you can name it whatever you would like as long as it isn’t already registered by someone else. … Otherwise it’s best to tell potential clients your last name even if you ask them to call you something else when speaking. “Hi my name Nancy Walker, but you can call me Lucy.”

What should I name my brand?

The perfect brand name for your startup will generally be short, simple and easy to say. Ideally, it will be a two-syllable word, as these generally gain more traction with target audiences and are more memorable. Often a successful startup will develop a range of products, so your brand name shouldn’t be too specific.

Does a company name have to be unique?

A strong business name is created and designed for a specific, unique company, so by default, yes, your business name should be unique. Not only will a Unique Business Name help you pass trademark conflicts, it will also help your business stand out in the sea of competition.

What if your LLC makes no money?

But even though an inactive LLC has no income or expenses for a year, it might still be required to file a federal income tax return. … An LLC may be disregarded as an entity for tax purposes, or it may be taxed as a partnership or a corporation.

Should I name my business after myself?

According to Alexandra Watkins, founder of Eat My Words, a company that creates brand names for clients, you should not name your business after yourself. … They just aren’t memorable, imaginative names.

Should you use your name in an LLC?

Like all LLCs, it must have a unique name, and you must file articles of organization to set one up. But because an LLC that uses your name might be confused with you personally, it’s especially important to always use the initials LLC after your company name. Get help forming your LLC with LegalZoom.

Can I do business under my own name?

As a sole proprietor, by default, the legal name of your business is your own name. But you can choose operate the business under another name, known as a “fictitious business name” or “doing business as” (DBA). Most states require you to file an application for your DBA.

What is the purpose of having a DBA?

The purpose of registering a DBA name is to notify the public that a particular person or business entity is conducting business under a name other than its legal name. Assumed name (DBA) laws are consumer protection laws.