Can I add another business to my LLC?

The answer is yes–it is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a “Fictitious Name Statement” or a “DBA” (also known as a “Doing Business As”) to operate an additional business under a different name.

Can you run multiple businesses under the one company?

Whilst it is possible to run multiple businesses under one company, it does come with its limitations. The general rule of thumb is; A separate company for each business, and. Any valuable assets kept separate from a trading business – these are generally held in a trust.

Can One LLC have multiple DBAs?

Yes, it is possible for an LLC to operate under more than one DBA at a time. DBAs allow an LLC to use more than one business name without having to form multiple, separate legal entities.

How do you structure multiple businesses under one corporation?

Three ways to legally structure multiple businesses:
  1. Single business entity with multiple DBAs.
  2. Form separate LLCs or corporations for each business unit.
  3. Create a holding company with separate LLCs or corporations beneath it.
  4. Each to their own — the importance of considering each client’s unique situation.

Can a business trade under two names?

A business may use as many trading names as it requires, but these cannot be registered as official names of the company. They are often used for marketing purposes to distinguish one division of the company from another.

Can you have 2 LLC?

Making multiple LLCs, in fact, is perfectly legal; there is no limit to the number of LLCs one person can register. Taxes become individual taxes for each LLC, rather than one larger aggregate whole. Managing business licenses, EINs and fees can add up in both time and money.

Can someone use my business name?

If someone uses your name, simply showing proof that you’ve trademarked the name could be enough to convince a business to choose something else. Most importantly, if you must go to court, you’ll have legal proof that you registered the name. However, you don’t have to trademark your business name to protect it.

Can I have 2 businesses to avoid VAT?

Each business operates under the VAT registration threshold. No need to register. HMRC are more likely to take the view that two businesses are separate if both have their own separate bank accounts. They should be separately registered with HMRC and submitting their own tax returns separately.

Can I use a shortened version of my business name?

Common examples shorten “incorporated,” “company,” “association” and “corporation” to “inc.,” “co.,” “assoc.,” and “corp.” States and other place names typically have abbreviations, such as “L.A.” for “Los Angeles” or “Tex” for “Texas.” Consider using the initials of your company name to form an easy-to-remember

Can someone steal your business name?

If you have a unique brand name or logo, protect it. It is a simple thing for someone to snatch it out from under you and claim ownership of it. Your first step should be to register the name as a trademark. You can do this online through a number of services or hire an attorney.

How do I know if someone is using my business name?

In most states, the website of the state business filing agency includes an online entity name check tool. You can use the online tool to search business names and find out whether another business is already using the name you have chosen.

What do you do if someone copies your business name?

How do I make sure nobody steals my business name?

You can apply to a company names adjudicator to have a Ltd company name removed from the Companies House register because it’s the same name, or so similar as to mislead and confuse. You can also take them to court for trade mark infringement or for ‘passing off’ if you haven’t trade marked your name.

How do I stop someone from using my business name?

To be sure no one improperly uses your business’s name or branding, you need to obtain a trademark. To do so, you’ll need to file an application with the United States Patent and Trademark Office (USPTO). Filing an application does not automatically mean your trademark will be approved.

Can someone use a similar business name?

You cannot stop someone using a trade mark, which is the same or similar to yours, just by registering your name with Companies House. It is perfectly plausible that another business has already registered your chosen company (or business) name as a trade mark.

How do you make sure you own your business name?

A business name generally can be protected as a trademark under federal and state trademark law. As a general rule, if someone in a similar field to yours is already using a particular business or organization name, you should not use it, nor should you use a name that would be confusingly similar.

Should I trademark my business name before forming my LLC?

Contact the United States Patent and Trademark Office, or USPTO, online or by phone to trademark the business name. You can only trademark a name that is not currently trademarked or in use by another business in the country.

Can someone steal your business idea?

In many cases, a business will want to start the trademark application as soon as their LLC or corporation paperwork is filed. By filing for a trademark prior to launch, you can be sure that your name is protected once you begin commercial sales. However, there may be an even stronger reason to apply early.

Should I use my name as my LLC?

Many entrepreneurs are surprised to learn that stealing someone else’s business idea is often perfectly legal. In most cases, unless the idea is protected by a trademark, patent or copyright, other businesses can take the idea and run with it.

What is LLC considered?

You should always place the initials “LLC” after your business name—including placing it on your correspondence, contracts, forms, business cards, website, signs and marketing materials.