You may have a good business idea in your mind and need to put it down to operational. Before starting the operation of your business, you will be required to register it. The many procedures that get in the way of business registration make the registration process very hectic. No matter how small your business may be like, it is okay to follow the rules and regulations of the area of location of your business and register it as required. The following steps will guide you through the registration of your business before beginning to operate it.
To start with you should begin by registering the business structure with the state or county level. By registering your business structure, it will give you all the rights to use the business name. You will need to register your business name as either a private company where the owners are responsible for the debt, a company where you partner or a single proprietorship. If you are registering for a Limited Liability company, when you apply for registration you should include the names of the executive leaders of the company and their qualifications. The advantage of a sole proprietorship is that it is easy to start due to the less documentation that is needed. In order for you to start a partnership, you must be a minimum of two partners and a maximum depends on which country you are from. If your business is to help the less fortunate people in the society, you can register it as a non-profit business. Different regions and countries have different regulations and procedures for registration of non-profit business, thus you will be required to check with where you are. This is due to the fact that they vary from region to region.
Next you can file for a ‘doing business as’ if you are uncomfortable with the name of your business. This applies mostly to limited liability companies where the initials LLC are added to the name you proposed. This will not sound well to your customers. Therefore, you will be required to change it to make it attractive. You can do so by applying for the ‘doing business as’ which will allow you to use a name that you will be comfortable with.
In conclusion, your business should have a trademark. This is also another way of having your business registered. You can decide to trademark your business either regionally, nationally or internationally. A business trademark gives you the rights to you to operate under that business idea meaning no one can copy you or your methods. A trademark will also mean that whenever a certain logo is seen, or certain colors or a given slogan is heard it has to be associated with your business.