Question: Does It Matter What You Name Your LLC?

Should you name your business after yourself?

According to Alexandra Watkins, founder of Eat My Words, a company that creates brand names for clients, you should not name your business after yourself.

They just aren’t memorable, imaginative names..

Should my brand be my name?

Using your own name maximizes the value of your personal credibility as a respected and reputable supplier in your market. … Makes your business memorable: Your own name is so specific that it helps people remember your company, especially if they already know you as an individual or if your name is distinctive.

Is Amazon an LLC?

Amazon is a LLC – Limited Liability Company.

What is an example of an LLC?

An LLC allows the pass-through taxation of a partnership with the limited liability of a corporation. … Many well-known companies are structured as LLCs. For example, Anheuser-Busch, Blockbuster and Westinghouse are all organized as limited liability companies.

Should I name my LLC after myself?

An LLC that uses a personal name is no different than any other LLC. … But because an LLC that uses your name might be confused with you personally, it’s especially important to always use the initials LLC after your company name.

What should I name my LLC?

Typically, your business’s name must end with the words “Limited Liability Company,” company,” or “Limited.” Or you can use abbreviations like “LLC,” “L.L.C.,” or “Ltd.” Usually, you can even opt to abbreviate the words “Limited” and “Company” as “Ltd.” and “Co.” (Most people just stick with “LLC”.)

Should I get an LLC for my small business?

If you have a small business, either a sole proprietorship or partnership, you should take a serious look at creating an LLC. That will enable you to gain important legal protection for your personal assets, without disturbing the management and income flow of your business.

Can I LLC myself?

Creating an LLC is the simplest and easiest way to form a legal business, protect your assets and get ready to bring your entrepreneurial ideas to life. When it comes to forming a company, you have a couple of choices: You can create and file the business yourself. You can use a professional company formation provider.

Can I use the word Enterprise in my business name?

When choosing a business name, keep the following tips in mind: … Don’t use the word “Enterprises” after your name; this term is often used by amateurs.

How do I name my LLC real estate?

Use the address or something simple like Home Properties LLC or Best Properties or even DS Properties. Anything easy and generic. It is not like a company that sells consumer goods where you may need a good name for marketing. Obviously search and make sure the name is not being used.

Can your LLC have the same name as another?

Can Two LLCs or Companies Have the Same Name? Yes, with some exceptions. When you’re forming a corporation or an LLC in a state, the name must be unique to your business within that state. Others can form LLCs and businesses in other states that have the same name as yours.

How do I name my small business?

10 Tips for Naming Your Startup or Small BusinessThink about what you want your business name to convey. … Brainstorm to identify name possibilities. … Keep the name short, simple, and easy to write and remember. … Avoid names that are too narrow or too literal. … Avoid decisions by a committee but do “test” your company name with others. … Avoid plain words.More items…

Can someone use my LLC name?

If someone uses your name, simply showing proof that you’ve trademarked the name could be enough to convince a business to choose something else. Most importantly, if you must go to court, you’ll have legal proof that you registered the name. However, you don’t have to trademark your business name to protect it.

Can I sue someone for using my business name?

The unauthorised use of your business name may also entitle you to compensation. If the infringing business refuses to cooperate, you can choose to initiate court proceedings.

Can two LLC have the same address?

Multiple business entities may have the same address, just make sure that you incorporate each business as a separate entity with the Secretary of State. You may want to consider one parent cooperation with divergent subsidiaries acting independently of each other.