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Doing Business As (DBA)

(Part 1) Why do you need one?

DBA registration is required if you anticipate collecting money under a name other than your own name or your true corporate name. DBA registration is necessary if your company conducts any business under a name other than your own name (for sole proprietors) or its legal name (for state-level entities such as corporations and LLCs). Also, banks generally require a DBA registration in order to open a business bank account.

If you are planning to operate a series small home companies, or a chain of bagel shops, you might set up a corporation with a generic name, such as ABC Enterprises, and then file an assumed name for each home company or bagel shop.  Since there is significant expense in filing and maintaining a corporation, this helps control costs while still allowing you to expand your business.

Since all Go Mini’s dealers are privately owned they use the DBA in their company titles. Example:  San Diego Portable Storage, DBA Go Mini’s. If you are considering a new business in the moving and storage industry, go to www.gominis.com under Become a Dealer for more information.

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This entry was posted on Wednesday, April 28th, 2010 at 7:03 pm and is filed under Latest news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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