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Friday, January 11, 2013

Incorporation 101: How To Choose The Right Name For Your Future Company - cheap foamposites



Choosing The Right NameChoose the name of your legal entity carefully nike dunk women. It is important for the chosen name to portray the image you want for your new company.

Legally, the name you select must not be "deceptively similar" to any existing company, or must be "distinguishable on the record" of your state cheap foamposites.For example, if a company named "Glow LLC" exists in your state, you probably would not be allowed to name your business "Glove LLC".

Sometimes the name you select will not be available nike dunk sb low . This is the reason we ask our clients to submit a second choice of company name when forming a new entity.

Additionally, most states require you to add the words "Limited Liability Company," or the abbreviation "LLC" to the end of the name (for LLCs), or "Inc" , "Corp" or "Incorporate", "Corporate", etc nike zoom kobe. for corporations.

Sticking To Your NameOnce you choose the name (including the appendix) you should stick with it. For example, if your company name is "MyCompany Inc." then all your official letterheads, correspondence, domain names, business cards, and any other company related documents and sales collateral would have to include the use of "MyCompany Inc." as opposed to "MyCompany Corp" and such.Reserving Your Business NameIf you are not ready to form your company, but want to protect the name you want to do business under, you can reserve that name with the Secretary of State in which you plan to form your business entity. The process of company name reservation is simple and very much similar to the process of forming the actual entity. Keep in mind that name reservations are often limited to a specific period of time, so you might need to renew the reservation or risk loosing the name you have reserved.What if My Business Needs to Operate Under Several NamesYour business entity can only have one name, however you can file as many assumed names (also called "Doing Business As", DBA, or d.b.

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