Similarity to another business name is one of the most frequent grounds for rejecting a business name. It’s crucial to conduct a thorough search before selecting a name to make sure no other company is already using it. You can check the state’s company registry for this information or run a trademark search. Your business name can be rejected if one with a similar sound is currently in use.
The usage of forbidden terms is another factor in business name rejection. Some states forbid the use of particular terms in company names. Profanity, words that imply criminal conduct, and phrases that could mislead or confuse customers are some examples of these words. Your company name can be rejected if it contains any of these words.
Additionally, if a business name does not adhere to state standards, it may be denied. For business names, each state has its own laws and requirements. For instance, certain jurisdictions could mandate that the kind of company entity, such as LLC or Corporation, be included in the firm name. Your company name can be rejected if it doesn’t fit these criteria. The Florida state’s online business registration system, Sunbiz, constantly updates its database. Although there is no specific schedule for changes, it is advised to frequently check the database to make sure that the business name you have chosen is still accessible. Your name can be rejected if someone else registers a similar name before you. The length of time it takes to approve an LLC in Florida can differ depending on a number of variables. The state typically needs 7 to 10 business days to process your LLC application. However, if there are problems with your application or if further information is needed, this time frame may be extended.
The statement “this limited liability company shall have the purpose of creating general public benefit” further indicates that the LLC is established with the intention of providing some sort of benefit to the public. The Articles of Organization for a Benefit LLC, a type of LLC founded to pursue a specific social or environmental aim in addition to making a profit, frequently include this clause.
In conclusion, there are many cases where suggested business names are denied. Make sure your business name complies with state regulations, conduct a comprehensive search for similar names for businesses, and steer clear of any phrases that are off-limits. Additionally, you may speed up the registration process by routinely monitoring the Sunbiz database and being aware of the approval procedure for LLCs.