You must register a trade name or submit a DBA (doing business as) if you’re launching a business and intend to use a name that differs from your given name or the legal name of your corporation. A trade name, commonly referred to as a fictitious name, assumed name, or DBA, is the name under which a firm conducts its operations. In this post, we’ll go over trade names in more detail as well as how to register a DBA in Nebraska, what you should know before opening a business, and how to become self-employed.
The name a company uses to identify itself to the public is known as a trade name. It is distinct from the official name of the company, like an LLC or corporation. You must register XYZ Coffee as a trade name or submit a DBA if, for instance, you own a business called ABC Corporation but run a coffee shop by the same name. You can conduct business using a name other than your official business name provided you have a trade name. It’s crucial to understand that a trade name does not give the name legal protection or ownership.
In Nebraska, the Secretary of State’s office is where you must register your trade name or submit a DBA. You must fill out and submit the Application for Registration of Trade Name form in order to file a DBA. You must fill out the form with details like your company name, physical address, postal address, and the type of business you run. A $100 filing fee is also required of you. Your trade name will be registered with the state of Nebraska once your application is accepted. The Conditions for Forming an LLC You must adhere to a specified set of regulations if you want to form an LLC in Nebraska. You must first select a name for your LLC that is both distinctive and unclaimed. Additionally, you must submit your Articles of Organization to the Secretary of State’s office and pay a $105 filing fee. You also need to get an EIN (Employer Identification Number) from the IRS and any other licenses and permits your business may need.
How Do I Begin My Own Self-Employed Business? There must be much planning and preparation before starting a self-employed firm. You must first decide what kind of business you want to launch and who your target customers are. You must also create a business strategy that details your objectives, plans of action, and financial forecasts. Additionally, if you intend to conduct business under a name other than your legal name, you must register your trade name or file a DBA and acquire all required licenses and permits for your industry. What You Should Know Before Launching Your Own Business There are a number of things you should think about before beginning a business. To find out if there is a market for your good or service, you should first do market research. You must also create a business strategy that details your objectives, plans of action, and financial forecasts. You also need to register your trade name or establish a DBA, get an EIN from the IRS, and get any essential licenses and permissions for your firm. It’s also crucial to think about your company’s legal structure, including whether you want to run it as a corporation, LLC, partnership, or sole proprietorship.