November 14, 2019
Brand Naming
You just decided on your new business name, and you’re ready to shout it from the rooftop! I bet you are. Congratulations!
Finding a business name is a fundamental first step to starting your own business. But now what?! What’s the next step?
Your business name will be on everything you push out into the universe. So you better be prepared in all areas of your business!
The specific meaning of business name registration is to submit your business name to your province or state to get it on their registry of legal business names.
It’s a good idea to register your business name in two specific cases:
Registering a business name is not the same as trademarking the name. You don't have to have a trademark registered, unless you want to be sure others aren't using your name.
If you do not register your business name you could run into a few issues.
Let's say you want to use the name “Charlotte’s Pastry Castle,” and there is already a business in your state named Charlotte’s Pastry Chateau.
Before you start using a name, you'll need to be sure no one else is using it by doing research on your business name.It's important to check the province or state business registrations, trademark databases. Once you have a sense you can use the name, it’s time to register it.
The term "registering a business name" may be confusing. There are really two different processes involved, and you will have to do both, in most cases:
You may also decide that your name is so great that you want to make absolutely sure no one else takes it.
The way to do this is to trademark your business name. A word / name and logo are two separate trademarks. When filing a trademark with a logo you would file to separate trademark applications.
Here’s a few commonly asked Q + A’s to get you started:
Register your name
Most businesses need to register their business name with the government. Before registering your business name, it is important to decide what structure to use for your business (sole proprietorship, partnership, or corporation).
When do you need to register a business name?
If you are a sole proprietor operating a business under your legal name, you generally do not need to register your business name. In all other scenarios, you will need to register your name either as your legal corporate name or a trade name. You may also wish to register a trademark
.What about corporate names?
If you incorporate federally, you will have exclusive use of your corporate name across the country. See naming your federal corporation or start the incorporation process online.
But I’m registering a trade name other than my legal name, now what?
If you want to use a name other than your legal business name, you will need to register it as a trade name. Failing to register a name that you are using can result in significant fines and other legal consequences.
Naming can become a big project, but once you’ve got your foundation laid it’s pretty straight forward. If you’re just getting started make sure to follow our step-by-step naming process in the book, Brand New Name.
Got a question? We’re here, we’re happy to chat. Ask me anything!
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