Wednesday, March 3, 2010

Advantages of Filing Assumed Name Certificate, Fictitious Business Name or DBA

When you are starting up, you definitely want to keep costs low and the process simple. DBA Filing helps you to do that. You do not have the ongoing maintenance or the costs associated with forming a corporation or LLC. Once your business is running profitably, you may want to convert it to a corporation or LLC

• It allows you as a sole proprietor to use a business name rather than your personal name.
• It allows a single legal entity (corporation, LLC, etc.) to operate multiple businesses without creating a new legal entity for each business.
• Having an Assumed Name gives the business owner some creditability.

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1 comment:

  1. thanks for the info... i was wondering if there are disadvantages in filing a DBA?

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