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What is the difference between trade name and business name?

The business name is the legal name of the entity. Owners often register a trade name under which to operate their business. For example, John Smith owns a small business with a trade name (or DBA – “doing business as”) Smith’s Accounting Services.

Can I use a trading name?

A trading name is the name (or names) used by a person, partnership or company for carrying out business, which is not the same as their own name or official registered name. A business may use as many trading names as it requires, but these cannot be registered as official names of the company.

How much is a trade name?

If you operate as a sole proprietorship or partnership, you can register your business name as a trade name, also known as a fictitious business name, a “doing business as” name, or a DBA. In some states, you can register your name statewide by filing a form and paying a fee that typically ranges from $50–$150.

Post Author: alisa