A small firm in Ohio is often thought of as one with less than 500 employees or $10 million or less in yearly revenue. However, this definition may change based on the sector and the particular laws that are relevant to it. Since small businesses generate the bulk of jobs and money in Ohio, they are a crucial component of the state’s economy.
A business may conduct its operations under a name other than its legal name by using a DBA, or “doing business as” name. To use the name “John’s Plumbing and Heating,” for instance, “John’s Plumbing LLC” would have to submit a DBA. A limited liability company, or LLC, is a separate legal entity from its owners. It shields the owners from liabilities and is taxed as a pass-through corporation.
An LLC may have a DBA, yes. The LLC would have to submit a DBA if it wanted to conduct business under a name other than its legal name. This procedure, which entails the filing of a form with the Ohio Secretary of State’s office and payment of a fee, is quite straightforward.
A DBA is only a name that a company employs to conduct business under a name other than its legal name. In contrast, an LLC is a separate legal entity from its owners. It shields the owners from liabilities and is taxed as a pass-through corporation. An LLC is a legal framework that offers significant protections for business owners, whereas a DBA is only a name. How Can a Business Name Be Trademarked in Ohio?
You must submit a trademark application to the Ohio Secretary of State’s office in order to register a business name as a trademark there. In order to complete this process, you must provide details about your company, including the name you wish to register as a trademark and the products or services you intend to sell under that brand. A filing fee is furthermore due. Once your trademark has been authorized, Ohio law will protect it and you will have the sole right to use it in connection with your company.
In conclusion, a small firm in Ohio is often thought of as one that employs fewer than 500 people or generates less than $10 million in revenue annually. While an LLC is a legal company that offers liability protection for business owners and is taxed as a pass-through entity, a DBA is merely a name that a business uses to operate under a name other than its legal name. An LLC may operate under a DBA, and you must submit a trademark application to the Ohio Secretary of State’s office in order to register a business name in Ohio.