When you start an LLC or corporation, you’ll need to list your company’s name when you file paperwork with the state. This name will become your business’s official legal name. However, the business name doesn’t necessarily have to be the customer-facing name that you use. This is what the trade name is, or the DBA (doing business as) name. Knowing the difference between a trade name and a business name is important. Here’s what you need to know.
What Is a Business Name?
The business name is the legal name that your business filed with your state when you set up your LLC, corporation or other business structure.
The business name is the legal name under which your business is registered for taxes and official government purposes. It is important to have this name so you can start conducting business officially by hiring employees, providing services and getting the materials you need to start doing business.
Requirements of a Business Name
