Starting a business in your name can be disadvantageous to you if you are an immigrant. That's why having a DBA or Fictitious Business name can be an ESSENTIAL tool for your business.
What is a DBA? DBA means "doing business as." A DBA is a permission from the state/County to operate your business under a different name. A DBA is sometimes called a trade name, fictitious name, or assumed name. It can cost anywhere from $10-$100 a year, depending on the state or County your business is in. However, a DBA isn’t required to form or run a business. You can start your business with or without a DBA.
Examples Sole Proprietorships and general partnerships would need a DBA/FBN if they would like to conduct business under a different name.
For example: If I am a sole proprietor doing business with my name Juan Maya, but I want to do it under the DBA “Maya Business Services,” I would need to file a DBA
Corporations & LLCs may register DBA for different lines of their business.
If Teresa has an LLC called Teresa’s Food Service LLC but wants to do different lines of business, such as “Teresa’s Catering” or “Teresa’s Brazilian Restaurant,” she would need a DBA for every new line she adds to her business
Reference: Incorporate.com Was this helpful? Let us know by liking this blog post, sharing it with a friend, or leaving a comment below ⬇️ Need help starting your business? Join our community for accessible business help! All you have to do is fill out this simple application; it only takes 26 seconds.