Should You Create a Second LLC or Use a DBA?

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In this video, you get answers to these questions:
0:00 - Introduction
1:41 - What is a DBA?
2:25 - What are the benefits of a second LLC?
3:31 - What are the disadvantages of a second LLC?
4:10 - What are the alternatives to creating a second LLC?
6:13 - When can one LLC be liable for the other?
7:17 - How can I learn more about this topic?
7:34 - Can I use the same EIN for both LLCs?
8:36 - Overview
9:24 - What are the next steps I should take with my attorney?
11:01 - Outro
QUESTIONS? Do you have questions about this topic or anything else? Ask in the comments below.
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Опубликовано:

7 авг 2024

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Комментарии : 413

@ryantunison5433 3 месяца назад

Hard to believe this guys an attorney, he explains things clearly, without ego and understands why people may want to do stuff even if it’s not the best way. Great Listen!

@Hall 3 месяца назад

Ryan, thanks for your kind note. Positive comments like these are very encouraging.

@thatkansasgirl134 3 года назад

Best description I've found - thank you for being clear and covering all the details. For some reason this stuff is hard to wrap my head around!

@Hall Год назад

Hi Christin. Thanks for your encouragement. Your kind note helps motivate me to keep producing videos.

@WalkingInFaithJourneys 9 месяцев назад

This was awesome and a clear explanation

@MadMarche Год назад

Thank you for succinctly clarifying this in laymen's terms. I'm in this exact situation, and I feel that after watching this, I'm going to just simply set up another LLC.

@Hall Год назад

That is great to hear. Best wishes, MadMarche.

@AcuityEcommerce 6 месяцев назад

Thank you! Too many businesses need easily digestible legal tips and advice. Looking forward to seeing more content like this from your channel!

@Hall 6 месяцев назад

Thanks for your encouraging note. Best wishes in your business!

@EE-bl3zr Месяц назад

As a performing artist, considering what to set up, I want minimal paperwork and overhead. I was thinking of doing a sole proprietorship with DBA instead of an LLC, because what is somebody going to sue me for playing a bad song? 😂

@shiheeb7333 2 года назад

Incredibly helpful! Thank you! Especially the stuff about insurance, and successor liability :)

@Hall 2 года назад

Thank you for your kind feedback.

@brandonstout7529 3 года назад

Very helpful. Thank you for being so organized with the time bullet points. However, I listened to everything and I found all that you said very relevant and valuable. Thanks again!

@Hall 3 года назад

Thank you, Brandon.

@tasipula8209 6 месяцев назад

Awesome video! Generic and educational way was amazing!

@erice9506 Год назад

Exactly the info I was looking for. Thank you!

@Hall Год назад

Eric, that is great to hear. Thanks for your kind note.

@andresalvarez1585 3 года назад

Very helpful and easy to digest. Thanks

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@sarya1 3 года назад

Very helpful info. Best explanation I’ve found thus far! Thank you!

@Hall 2 года назад

Jalyn, thank you for your encouraging note.

@colorizedenhanced-silentmo3068 4 года назад

Good day, Aaron Hall, Attorney. it is surprisingly surprising video. thank. :)

@Hall 9 месяцев назад

Thanks for your kind note.

@itsLaHarmony Месяц назад

VERY VERY helpful with the DBA info...Thank you.

@Hall Месяц назад

Glad it was helpful! Thanks for your kind note.

@YogawithTianna 3 года назад

Very helpful! Thanks so much!

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@NewRefreshYou 2 года назад

very helpful.... crystal clear information. Thank you

@Hall Год назад

You're very welcome!

@letstalksuccess580 2 года назад

This is the exact question that I was asking myself. ..thank you very much

@Hall 9 месяцев назад

Glad it was helpful! Thank you for sharing your thoughts.

@MrUsmanghani0092 3 года назад

solid gold material. I was looking from this answer finally i got it. Thanks

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@MsNDS76 3 года назад

Thank you sir, you're awesome. Many many blessings to you

@Hall 9 месяцев назад

Thanks for your encouraging note.

@-MikaylaEdwards Месяц назад

This was very informative and easy to understand; thank you!

@Hall Месяц назад

Glad it was helpful! Thanks for your kind note.

@ultimatevending6889 3 года назад

Thank you so much, for the information.

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@jsimzjmusic 3 года назад

Insurance is going to be great for my businesses. Thanks for the info!

@Hall Год назад

You don’t need multiple business entities to avoid risk. Do this instead!

@Sexeecheveux Год назад

Thanks for your reply and all of the great content provided!!

@Hall Год назад

Thanks, Natasha. Glad it has been helpful!

@bajolapupaenrd 6 месяцев назад

I highly appreciated the explanation LLC vs DBA just today I registered an LLC as a secondary I was

@AlexGonzalez-mi5ok 3 года назад

AWESOME INFORMATION , WELL DONE VIDEO

@Hall 9 месяцев назад

I appreciate your thoughtful words. Thank you!

@tnunez0706 Год назад

Wow. That answered my question... Thank you so much! Subscribed! :D

@Hall Год назад

That’s great to hear. Thanks for the kind note.

@nebumotion 2 года назад

Great video! I learned a lot! 🙌🏾

@Hall Год назад

Thanks, Nebu. Glad it was helpful!

@preshumes04 3 года назад

Great Video! Very informative.💯

@Hall 9 месяцев назад

That is great to hear. Thanks for your kind note.

@waltergcuriel3342 Месяц назад

Super clear explanation, it answered 4 questions I had when I was looking for only one. Thank you very much 👍🙂

@Hall Месяц назад

That is great to hear. Thanks for your kind note.

@edwardcormier Год назад

This was the best broken down explanation i have ever watched!!

@Hall Год назад

I appreciate your feedback. It helps me improve for future videos. Best wishes to you, Edward.

@Phillip2022 Год назад

Thank you so much. This was very helpful.

@Hall Год назад

Thank you for your kind words of encouragement, Phillip.

@uberjewish9466 Год назад

Great helpful video, very informative!

@Hall Год назад

Thanks, Uber. Much appreciated.

@torilynn-yq3yg 10 месяцев назад

This is so helpful I’ve been trying to figure out what to do and you made it clear

@Hall 10 месяцев назад

Thank you for the encouraging words.

@ironman2010ist 2 года назад

Thank you so much. I almost hired someone that information! You are the best!

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@CalmingFlames Год назад

Thank you for this very informative video!

@Hall Год назад

Glad it was helpful.

@deusvult6920 2 года назад

Thanks for this it answered my general questions to plan. I of course will consult an attorney when the time comes

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@stevenphelps5626 Год назад

thank you sir! The education is totally awesome!

@Hall Год назад

Steven, kind words like yours motivate me to make more videos. Thank you.

@DonnTech 2 года назад

This is great information.. thank you

@Hall 9 месяцев назад

That is great to hear. Thanks for your kind note.

@AyannaKay 2 года назад

very helpful and to the point !

@Hall 9 месяцев назад

I appreciate your thoughtful words. Thank you!

@paladinhill Год назад

Just watched this for a second time. Immensely helpful. Thanks!!

@Hall Год назад

Thank you for your kind words.

@Dedrae11 2 года назад

Fantastic job Aaron !

@Hall 2 года назад

Thanks, Devon. I appreciate your kind words.

@gord2358 Год назад

Thanks for posting such an interesting and useful video. My first busines was an Ltd. in Canada and my second was a DBA. I had separate insurance for both companies. Looking forward to learning more from your channel.

@Hall Год назад

Is a DBA a Separate Company?

@lifecoachronissewhite 3 года назад

Great video! Thanks

@Hall 3 года назад

Thank you, Ronisse.

@mysticsista 2 года назад

This was super helpful thank you! subscibed!

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@candacehood9864 2 года назад

This is an amazing breakdown!! I have to save this video because I am thinking about having a second business that are unrelated to each other. Thank you!

@Hall 2 года назад

Thanks for the encouraging words. I wish you the best in your businesses.

@bajolapupaenrd 6 месяцев назад

Hi I highly appreciate the explanation LLC VS DBA just today before watching this video I opened a second LLC for another venture. After listening to you I am more cleared about my decision. And of course I subscribed and invite others to support this helpful channel

@massielmejia3422 3 года назад

Definitely helpful!

@Hall 3 года назад

Thank you, Massiel.

@inspiremysoul6350 Год назад

Thank you. Great information.

@Hall Год назад

Thanks for your kind note.

@garrincha2813 3 месяца назад

Thanks for the information. It is very helpful.

@Hall 3 месяца назад

Glad it was helpful! Thanks for your kind note.

@DanielGloverTheGreat 2 года назад

Thanks man! You really helped me understand how I want to manage my ideas. Since my business ideas spread across vastly different genres of business, I'll configure multiple legal entities when the time comes. One duck at a time, for now!

@Hall 2 года назад

Thanks for your encouraging note. Best wishes in your business!

@stewmeat30 8 месяцев назад

Exactly what I needed. Earned my sub

@Hall 8 месяцев назад

That is great to hear. Thanks for your kind note.

@jeaniceanderson Год назад

Thank you! Your video broke it down to where I can understand. I am starting a new journey with becoming a small business owner, and I am feeling a bit overwhelmed at the moment.

@Hall Год назад

Hi Jeanice. Thank you for your encouragement. Becoming a business owner can feel overwhelming at first, but I believe it gives much more power and control over life and income. Best wishes in your new endeavors!

@stylzgohardvip 3 года назад

U dropped one in particular JEWEL tht was so golden !! I hv NEVEREDDDD heard of a series of LLC's..wow THANK U.. AND DAMN CALI. DONT ALLOW IT..BUT MY HOME STATE DO !! TENNESSEE DO ALLOW IT ! SHIT !!

@fitforfreelance Год назад

Thanks for this video!

@Hall Год назад

My pleasure!

@justacontrarian Год назад

Great explanation. Thank you.

@Hall Год назад

Thanks, @justacontrarian. Much appreciated.

@justacontrarian Год назад

@@Hall You're welcome. This was very helpful.

@RAndomlyEntertained 2 года назад

U really went in, in this video...thanks.

@Hall 9 месяцев назад

That is great to hear. Thanks for your kind note.

@virgobee23 Год назад

Really great information and explanation. I will be setting up another LLC now. 👍

@Hall Год назад

Thanks for your encouraging note. Best wishes in your business!

@raquelt5342 6 месяцев назад

I so appreciate how clearly you explain things, so easy to understand 🥳 So if you keep your multiple businesses under one LLC to start off all those use the same EIN is what I'm guessing..due to them being under that LLC umbrella so to speak?

@wyattchiordi5132 3 месяца назад

Excellent video

@Hall 3 месяца назад

Thank you for your kind feedback.

@bobbymaccaheauxdotbiz 3 года назад

GREAT VIDEO BRO..BRAVO

@Hall 9 месяцев назад

Thank you for your kind feedback.

@najellidenise2558 10 месяцев назад

Thank you, this video was very informative and helpful. I am currently debating whether I should open a new LLC or DBA and this video answered all my questions and concerns.

@Hall 10 месяцев назад

Thanks for your encouraging note. Best wishes in your business!

@Freedom17762 6 месяцев назад

This is the most helpful video I’ve seen on having two LLC businesses and if I need two EINs. Very confusing for someone who hasn’t done it before. Thanks again!

@Hall 5 месяцев назад

Glad it was helpful! Thanks for your kind note.

@andrew-isac Год назад

Great channel keep up the great work

@Hall Год назад

Andrew, thanks for your kind words. Feel free to let me know if there any questions or topics that would be helpful to cover.

@houstoncashdeals4011 2 месяца назад

Thank You Sir..

@Hall Месяц назад

Thanks for your kind note.

@fpxconsulting 3 года назад

EXCELLENT!

@Hall 9 месяцев назад

Thank you.

@Suziethescribe 2 года назад

So helpful thank you

@Hall 9 месяцев назад

Glad it was helpful! Thanks for your kind note.

@theteam.bayarea4960 Год назад

you are extremely knowledgeable. a lot of tax ppl are telling us to not get multiple llc but they don't know the alternatives except the traditional alt. DBA... I am now reading, researching serial llc's now. I believe this is the best way place to start collecting data on multiple entity structures for start up companies that need to put other unrelated but necessary llc's under a holding company...thanks for guiding in a great direction...I have a place to investigate and learn more b4 making a decision

@litecodes3552 Год назад

Serial LLC ?

@Hall Год назад

Thanks for your kind words, TheTeaM.BayArea. If you have quick questions, feel free to post them as a comment and I will do my best to create an educational video on them.

@allenadayswork2216 2 года назад

Thank you for making this video! I feel much more informed now. Do you have any videos about how you handle your RU-vid as a business? Is it it another LLC, DBA, or just an aspect of marketing for your attorney brand?

@Hall 2 года назад

Great question! As a general rule, RU-vid can be treated like all other other advertising channels, all part of the business being marketed. You don’t need a separate entity for RU-vid unless you are building a separate business on RU-vid (e.g. influencer business). From my situation, I don’t see my channel as advertising; I see it as educational-a service to the community. I believe that as we obtain knowledge, we have a duty to share that knowledge to empower others. I believe attorneys have a duty to use their expertise to help others-through teaching, pro bono services, community volunteering, or other means.

@equatorheat1858 3 месяца назад

Thank you for your content. This was a great explanation!! && helped me with decision making. New Subbie

@Hall 3 месяца назад

That is great to hear. Thank you for your kind feedback.

@kristinastevens509 Год назад

Thank you for keeping it short

@Hall Год назад

Haha. Thanks, Kristina. That reminds me of the old quote, “I would have written a shorter letter, but I did not have the time.” It's tough being concise.

@qeshawndahaynes4191 2 года назад

This was extremely helpful and quite honestly one of the best breakdowns. Thanks!

@Hall Год назад

I appreciate your thoughtful words. Thank you!

@elizabethfacundo Год назад

Thank you!

@Hall Год назад

You are welcome, Elizabeth. Thanks for your note.

@VictoryReverseMortgage 2 месяца назад

Thank you and I subscribed

@Hall 2 месяца назад

That is great to hear. Thank you.

@pinealdecalcified2623 Год назад

Thank you so much

@Hall Год назад

No problem. I am glad you found this video beneficial.

@user-xw2cc7kv8q Год назад

Thank you very much for the different breakdowns and scenarios. I am a serial entrepreneur and find that I am working on a 3 business. I am currently a virtual tax preparer, I also have a mobile Notary public business. I have a large family so since 1997 I have been doing party planning for my family and have always found it to be a sweet spot for me because its very fun, and who doesn't love a celebration. These business all currently work under my power but my main Llc is seasonal and the mobile business is on demand and per diem. This new venture will be a separate space with the option to customize a party package that is dropped off and picked up after. I plan to have insurance cover the rental and party planning. But since the nature of the 3rd business is bouncy house functions I may need an LLC to handle the full liability of it. My only question is if I continue with just a DBA on the rentals I am able to get an EIN for the rental business? TIA for your time and competence in this realm.

@Hall 9 месяцев назад

Thanks for taking the time to comment. Here is a potentially helpful resource: aaronhall.com/maximize-potential-and-protection-ein-and-llc-for-businesses/

@CoachAldiero 3 года назад

Great stuff! Very good video. What would you say to do if you want to change the name of your business that’s going to be doing the same exact thing…you just want a different name. Just start a new one or do a dba? Which would be easier

@Hall 3 года назад

The options would include a full name change or DBA. A DBA offers the benefit of being able to use both names, so you don’t run into difficulties during the transition period because you could continue to use the old name where needed (e.g. old contracts and accounts).

@naterogness7724 3 года назад

The best info! I

@Hall 9 месяцев назад

That is great to hear. Thank you!

@jspilberg1 Год назад

Wonderful, complete and clear information, thank you Aaron! I have a single member LLC that does website design. The assets of the company are 2 computers. I just opened a DBA under the LLC to conduct surfboard rentals during the summer. The rentals take place through an online platform (on the web), but other than that the two activities are not related. I am working on getting liability insurance in place for the DBA rental activity, which poses the greater liability risk, and has more assets. As you stated, I am planning to spin the DBA into a separate LLC once the business proves itself. No insurance company wants to cover my web business and rental business under one plan, as the business activities are too disparate. Web design vs surfboard rentals. What is your general take on my approach? I have someone who says they will insure the DBA activity alone, but not the web design business (under the same plan). Thank you in advance!

@Hall Год назад

Can You Get Business Insurance If Your Company Has Very Different Products or Services?

@amonpangalala3329 2 месяца назад

Great video, useful information. I did open LLC and added DBA , EiN required for each ?

@Hall 2 месяца назад

One EIN. Because it’s only one business entity.

@xoLC1 2 года назад

I originally launched my LLC for my at home business doing small personalization items for events- cups, favor tags, t shirts, cake toppers etc. I just recently launched a now very successful photobooth business and have been using the same LLC I had originally created. I am also now doing events on a larger scale and decorating for them. Should I open a new LLC for my photobooth business and use my original LLC for the event decorating? I just find it so easy to have just one business account and one accounting app

@terrelljohnson590 3 года назад

Great content, I live in Minnesota and it appears that I cannot set up a series LLC in this state but rather set up one in a different state in order to operate as a series LLC in Minnesota. Go figure!

@Hall 3 года назад

That is true: aaronhall.com/practice-areas/business/series-llc/

@davidy9766 3 года назад

Just know that getting banking with a series can be problematic. Regional banks work better than national or mega-regionals. They are more flexible in their acceptance of a series that doesn't have a separate operating agreement.

@SA_whelpingfrenchies Год назад

Best video 🔥

@Hall Год назад

Thanks, Saul. I appreciate you taking the time to send this encouragement.

@jalisataylor6148 2 года назад

Thank you so much this was great information! If I get a DBA to an LLC can I get a EIN for the DBA?

@FreakoBeatz843 2 года назад

They both share the same EIN

@NeverSayNeverCreations 9 месяцев назад

THANK YOU. I’ve been trying to get this *SIMPLY* explained to me as this business is steady but I have another (unrelated) blooming; this helped me clarify what I truly needed and feel more secure in choosing to just do two LLCs

@Hall 9 месяцев назад

Thanks for the encouraging words. I wish you the best in your businesses.

@mariocastellanos8148 7 месяцев назад

Thank you Mr. Hall for clarifying these entities. I have a question: I live in California but my real estate investments will be made in Texas what do you recommend me to do? I want to avoid if possible the California registration fees and the annual $800 CA renewal fee since I won't do any business here. I may also do business in some other states. THANK YOU FOR YOUR HELP

@Hall 7 месяцев назад

Thanks for your kind note. Glad it was helpful! Here is a potentially helpful resource: aaronhall.com/one-time-or-ongoing-registering-your-online-llc-in-each-state/

@1Ganuza 3 года назад

Thanks for the info. Few questions 1. If you create a dba , can you still use both the dba name and the original LLC name? Or do you have to use the dba name moving forward? 2. When opening a bank account, do you use the same EIN for the dba and the LLC? Would the bank let you have multiple banks for separate dbas using the same EIN? I know with your SSN, you can have multiple bank accounts. 3. Last question I promise. Do you have to announce to the public that you're using a dba and disclose the original LLC? Thank you.

@Hall 3 года назад

1. You can use both names. 2. A DBA and LLC share the same EIN. You can have multiple bank accounts under the same EIN. 3. State law requires a public notice of some sort.

@1Ganuza 3 года назад

@@Hall thank you.

@beautifulseeker5337 2 года назад

I found the information in this video helpful, detailed, and to the point. Here is my question: I have an LLC for an online store, I just became a notary public and loan signing agent, I already have insurance coverage for both a client and myself which is required. Both businesses are fairly new. Should I add a DBA as "Notary Services" to my current online LLC in the state of Florida, even if it has nothing to do with each other? Please let me know what you think?

@vgd2133 2 года назад

Did u ever find the answer to your question?

@Hall Год назад

Should You Get a DBA If You Are Using Your Company for Multiple Businesses?

@davidsullivan5337 Год назад

Aaron - thanks for this video, it was very informative! I have a question though: if I set up a DBA instead of forming a separate LLC, does the DBA have to have its own EIN?

@Hall Год назад

Does the DBA for an LLC need its own EIN?

@geminigirl1111 2 года назад

Hi! I am about to turn my primary residence into a rental property, it is my first rental ever! Since I bought my house last year with FHA with a low down payment I barely have any equity in the property. With that said should I set up a DBA Or should I do an LLC, Since it’s my first rental property and I barely have equity and cash flow is minimal I was thinking I should just set up a DBA instead of an LLC but maybe after a few properties and I will transfer them all into an LLC. What do you think? Is it possible to do a DBA for one rental property?And what the property management company use the DBA name on the renters contract when they sign it?

@CC-br7ds 3 года назад

If you form an LLC outside of your state (ex : Delaware), does the state that you live in abide by the rules of the state where your LLC was formed?

@deedee49254 10 месяцев назад

Thanks for the info! Question, can I use my LLC credit card for my DBA in an unrelated field?

@Hall 9 месяцев назад

Thanks, @deedee49254. Here is a potentially helpful resource to answer your question: aaronhall.com/can-an-llc-and-dba-have-separate-bank-accounts

@mohamedalabadi7099 Год назад

Thank you so much for great information I have c corporation and EIN number for my address and I just leased restaurant should I change the address to the restaurant address or should I keep the c corporation and EIN for my home address?

@Hall Год назад

Either address works as long as you will get mail sent to that address.

@annaj7892 15 дней назад

Thank you! Very helpful. You are in MN, do you also practice in Wisconsin or do you happen to know if Wisconsin allows for Serial LLCs? Thank you so much!

@user-nf6lr3eh2s Год назад

Great and informative video. Question: Can I add an already established LLC to a new DBA? I have a car washing business and would like to create a pressure washing business as well as janitorial business, I will create a DBA but wanted to know can I transfer the first business? Thank you in advance.

@Hall Год назад

What is the order of setting up a DBA and LLC?

@user-wm9kr3et6r 7 месяцев назад

Hi Aaron, This was a good video, thanks. I have a active LLC and want to add a DBA under it, do I have to register the Trade Name as a business in order for me to do so? My business is in Maryland.

@Hall 7 месяцев назад

That is great to hear. Thank you for sharing your thoughts. Here is a potentially helpful resource: aaronhall.com/can-you-use-a-single-llc-for-multiple-dbas-for-multiple-businesses/

@sarmadalattiya2012 2 года назад

Thanks so much for your very informative video Quick question, when filing for a DBA for an LLC, Do I have to report to the IRS that I am starting a totally new business under a DBA of my LLC that has an EIN? Thank you in advance.

@Hall Год назад

Do you have to tell the IRS about a DBA for your business?

@patrikk3271 Год назад

Great video, Thank you! How do I go about structuring my bank accounts if I have one llc and two DBA businesses under the llc? TY

@Hall Год назад

Great question. Since these are all the same business, they can share the same bank account. For example, if your friends call you Pat and Patrik, you don’t need to have separate bank accounts just because you go by a couple different names. Likewise, your business can have a single account at the bank for multiple DBAs. If you want, you could have a separate bank account for each DBA, if that was somehow helpful for your business.

@gserpas Год назад

Thank you for the video, very helpful! So if i have an LLC and decided to start a second business with a DBA my new business cam use the same IEN number as the LLC, correct?

@Hall Год назад

Correct.

@ryanhendricks7038 Год назад

Normally I watch these videos and I lose track of what is being said because I was trying to process something they sped through earlier. This video was very easy to follow and understand. You have a knack for this. Keep up the good work! Thanks for the info!

@Hall Год назад

Hi Ryan. That means a lot to me. Thank you for your encouragement. There is a lot of negativity in the world, but you are someone spreading positivity and love. You are making the world a better place. I appreciate that we have connected.

@constancehicks5882 3 года назад

2 Questions: If I do a DBA do I still need two EINs? If its a Serial LLC, would I need two EINs? I currently have a Real Estate Service Business which is an LLC. The other business I am starting is also in real estate just in a different lane of real estate than the first

@Hall 3 года назад

Generally, a DBA should use the same EIN as the LLC. Minnesota doesn’t have serial LLCs, so I don’t have a lot of experience with them. As always, please remember this is general educational information. You should use this information to identify issues to discuss with your professional advisors, not as a replacement for a professional advisor.

@constancehicks5882 3 года назад

@@Hall great thank you for that information. I live in Indiana. I will find an attorney or CPA to discuss this further. Thank you!

@mayahkarcher143 Год назад

Hi! I’m a bit late on this video. Thanks for all the info. My main question is this. Say I want my llc name as something basic, for example, “Sugared Soul LLC” but I want to market it as “Sugared Soul Sweets & More” Am I required to register that name as a DBA?

@Hall Год назад

In general, you cannot use any name other than your company name. If you do, you risk losing your "limited liability" shield. But you can offer products, programs, services and divisions. For example, Nike doesn't need a DBA for Nike Shoes because "Nike" is a DBA for "Nike Inc" and "shoes" is the product. So for example, if you get a DBA for "Sugared Soul," you could use "Sugared Soul Sweets," "Sugared Soul Cakes," etc. As with all comments here, I am providing this as general education. Before relying on this, consult with an attorney in your jurisdiction.