What to Consider When Deciding on Your DBA – And Why It’s Important
By Nina Kaufman, Esq.A DBA – or Doing Business As name – will keep your business in good legal standing, so it’s a good idea to file a DBA as soon as possible after launching your company. The DBA or Fictitious Business Name designation was created as a form of consumer protection, to prevent business owners from operating under a separate name to avoid costly legal trouble.
To receive your DBA, it’s a simple matter of filing some paperwork with your Secretary of State. But, have you ever thought of why you are filing a DBA? And what you may need to look out for as a small business owner or entrepreneur? There are a few things you want to think carefully about – including how you will manage financials and what you need to discuss with your attorney and accountant regarding your new name. Are you considering selling your business eventually – or at least setting up your operations and processes in a way that will make it easy to sale? It’s imperative that you give careful considerations to your DBA name in this process.
You deserve to be paid, protected, and prosperous. Kaufman Business Law can help get you there. Watch this short video to find out how.
