How do you legally own a business name?
To register your trade name, go to the registry of the jurisdiction(s) where you plan to do business.
- Alberta: Register a Business Name (cannot be done online)
- British Columbia: Name Approval.
- Manitoba: Business Name Registration.
- New Brunswick Online: Registration of a Business Name.
Can I use any name for my business?
You can often use the same business name in your own state or another state, if it is not in the state where the business name is filed, and it doesn’t violate trademark rules. … A “legal name” is the official name used when you file with the state to form a legal business entity (such as an LLC or corporation).
Can two companies have same name?
A company cannot have the same name as another registered company. Any company formation or change of name application containing a company name that is the ‘same as’ or ‘too similar’ to an existing name will be rejected by Companies House.
How do you sign over a business?
Here’s an overview of what those steps entail:
- Review your Operating Agreement and Articles of Organization. …
- Establish What Your Buyer Wants to Buy. …
- Draw Up a Buy-Sell Agreement with the New Buyer. …
- Record the Sale with the State Business Registration Agency.
What is the value of a business name?
A business name can be a company’s greatest asset. It serves as a symbol of expertise, customer service, and company identity. Rarely do individuals just want to buy the name of a business. Generally, transferring a company from one party to another will consist of selling both the business and its name.
Can I use an old company name?
Dissolved companies have been struck off the register and therefore no longer exist. This means that there are no legal restrictions on using the name for a new or existing company.
What if my business name is similar to another?
A business name generally can be protected as a trademark under federal and state trademark law. … As a general rule, if someone in a similar field to yours is already using a particular business or organization name, you should not use it, nor should you use a name that would be confusingly similar.