You may have enough funds to put into operational the good business ideas that have been in your mind. Before starting the operation of your business, you will be required to register it. There are a lot of procedures that are involved in the registration of a business that makes the process a hectic one. The registration of business does not depend on the size of the business, however, small the business may seem, it is required to be registered. The steps discussed below are to help you when you are in a dilemma of how to register your business before bringing it to operational.
To start with you should begin by registering the business structure with the state or county level. By registering your business structure, it will give you all the rights to use the business name. You are required to register your business as either a limited partnership company, a sole proprietorship or a limited liability company. When you want to register your business as a private company, you will be required to send the board members of your company and its directors with their qualifications. The advantage of a sole proprietorship is that it is easy to start due to the less documentation that is needed. A partnership requires two to six people in order to be called so. If your business is to help the less fortunate people in the society, you can register it as a non-profit business. Different regions and countries have different regulations and procedures for registration of non-profit business, thus you will be required to check with where you are. This is because the regulations and procedures for registration are not similar.
In addition, if you are uncomfortable with the name you registered your business with you should file for a ‘doing business as’. The business name usually becomes uncomfortable when after registration of the limited liability company the initials LLC are added to your proposed business name. This may not be pleasing as you thought to your customers. Hence, you will need to change this name and make it sound good. You can change your name by applying for a ‘doing business as’ permit to the local authority.
In conclusion, your business should have a trademark. This is also another way of having your business registered. Depending on your ambitions and what you want to achieve, you can mean to trademark your business either internationally, locally or nationally. A trademark ensures that no other person will be able to copy your business idea anywhere. A trademark will also mean that whenever a certain logo is seen, or certain colors or a given slogan is heard it has to be associated with your business.