One of the first things you might think about if you’re thinking about starting a business is registering a company name. Even while it might seem like a straightforward process, there are a few things you should be aware of before using your chosen name.
First off, registering a business name does not automatically grant you permission to use it. You must file it as a trademark in order to obtain legal ownership of a name. This means that you have the sole right to use the name for your company and that you have the right to sue anyone who attempts to do so without your consent.
If your firm is a sole proprietorship, you might also be asking whether Ohio requires you to register it. No, you are not need to register your single proprietorship in Ohio, is the response. You might still need to acquire any business-related licenses and permits nonetheless.
You must pick a name for your business and register it with the proper state agency in order to launch a single proprietorship. Additionally, you’ll need to register for taxes, acquire any required licenses and permissions, and more.
There are a few possibilities if you want to trademark a name for no cost. The United States Patent and Trademark Office (USPTO) accepts free trademark applications. However, this procedure can take some time and might call for an attorney with experience in trademark law.
The use of a common law trademark is an additional choice. This implies that all it takes to claim ownership of a name is for it to be used in your company. But this kind of trademark is weaker than a registered trademark, and it could be harder to enforce.
Finally, it’s critical to comprehend the distinction between a trade name and a legal name. Your legal name, which is used for legal and tax purposes, is the name that appears on your business registration documents. On the other side, your trade name is the name you employ for marketing and advertising. They don’t have to be the same, even though they might be.
In conclusion, even though choosing a company name may seem like a straightforward procedure, there are a few things you need to know before you begin using it. A name must be trademarked if you want to be able to use it legally. If your firm is a sole proprietorship, Ohio does not require that you register it; nevertheless, you may still need to apply for any appropriate licenses and permits. Finally, it’s critical to comprehend the distinction between a trade name and a legal name.