What is a fictitious commentary?

So your catering company finally takes off and "Bob's Catering" needs a more attractive name. If you want to legally do business under the name that is not your own or other than your legally registered business name, you must file a fictitious commentary. Also commonly known as "business like" or a DBA statement, it is a name registered with the state.

Fictitious comments is not an official business formation, such as a limited liability company (LLC) or a company, and may not be filed if you use your own name on behalf of the company. The only case in which you would have to submit one when using your name in the trade name is if you are exclusive ownership and your business name is "Bob and Associates Catering".

status laws vary according to administration requirements. Some states will first check the name to ensure that no more than one trading files under the name. Others may require publication of thfictive name in mList newspaper. Unfortunately, filing this statement does not guarantee the exclusivity of the name and other companies may decide to use it.

It is not only a legal requirement to register a fictitious comments, but mostly banks are required to write and store checks using the name. After filing a statement, you can use the name legally in commercial contracts, advertising and business cards. Registration of your fictitious name also draws attention to other businesses that you use a name for your business.

One of the advantages of the DBA statement is that it allows one business entity to work under more than one name without having to establish separate companies. For example, a chain of restaurants owned and operated by one business entity can have other names. When submitting, make sure you research. Some states offer Easy forms available online while others requestThey give a much more involved process.