Will registering a trade name cause problems if I decide to create a separate business later?
-
I own and operate a one-person consulting company and I'm working on a new SaaS business. I don't want to invest in incorporation until I'm more confident. The new business has a name and registered domain that are completely distinct from my consulting company. I'm thinking of registering the name of the new business as a trade name (DBA or "doing business as") of my existing business, which is simple and low cost. Then, if I attract customers, I'll incorporate with the new name and drop the trade name. Will this cause problems?
-
Answer:
In addition to the positive aspects already mentioned, creating an ... You must be signed in to read this answer.Connected to GoogleConnected to FacebookBy continuing you indicate that you have read and agree to the . Loading account...Complete Your ProfileFull NameChecking...EmailChecking...PasswordChecking...By creating an account you indicate that you have read and agree to the .
Ken Larson at Quora Visit the source
Other answers
Creating an LLC or S Corp is a ~$100 investment, and not that much more work than registering a DBA...assuming you create a cookie cutter entity for the sake of separating business activities, that is. I would personally keep the activities and assets separate, if for no other reason, than liability and taxes.
Matthew Caston
The most serious problem (not sure how likely it is to arise) would be a financial disaster for one business taking down the other business because the businesses are not conducted by separate legal entities.This answer is not a substitute for professional legal advice....
Dana H. Shultz
Related Q & A:
- If I hooked up 2 amps would I need to buy a separate battery?Best solution by Yahoo! Answers
- Where can I go to create a quote?Best solution by brainyquote.com
- What can I do to own a local business in India?Best solution by entrepreneur.com
- Can I create a separate email address under my current Yahoo address?Best solution by Yahoo! Answers
- I want to start a catering business.Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.