What is a “DBA” and why would your business need to file for one? DBA is the acronym for “Doing Business As.” Other names for a DBA include “fictitious name,” “trade name,” and “assumed business name.” You must file for a DBA when you want to conduct business using a name other than the one you registered your business under.
After forming an LLC or incorporating your business, you need to maintain separation between your personal dealings and those of your business. Fail to do so, and it could cost you—professionally and personally.
Does your business need a non-disclosure agreement? The answer is likely, “Yes!” Non-disclosure agreements (NDAs) help protect a business’s sensitive information from getting stolen or shared without permission. They are contracts that commit contractors, vendors, and other project partners to keep a business’s data and trade secrets private.
Depending on the type of industry you’re in and the nature of the business you run, certain federal, state, county, and local licenses and permits might apply to you. What you need to have in place may differ from what other companies need to apply for. Yes, it requires a little time and effort to identify what licenses and permits…
As a serial entrepreneur with experience owning and operating many different types of businesses (I get bored really fast) and having consulted and helped many entrepreneurs, I have been able to identify a number of recurring mistakes that beginner and veteran entrepreneurs make that spells the demise of what could have turned out to be a phenomenal venture.
When forming an LLC (Limited Liability Company), you have options for how you want to manage your company. With summer here, I’m going to break down your choices in a way we can all relate to as we’re looking for ways to keep cool: ice cream!