Quick Answer: What Is The Difference Between A Trading Name And A Business Name?

How do I create a unique business name?

Use acronyms.

A lot of major companies use acronyms instead of their full names – it’s easier to remember.

Create mash-ups.

Draw inspiration from mythology and literature.

Use foreign words.

Use your own name.

Take a look at a map.

Mix things up.

Partner with another company.More items….

Trademark application: with picklist, $250 per class or without picklist, $330 per class. Series Trademark application: with picklist, $400 per class or without picklist, $480 per class.

Trade names are also referred to as ‘operating-as names’ or ‘doing business as names’. These business licenses allow your corporation to operate using a name that is different than the full corporate name. Corporations must operate business under their full legal names as they are registered.

What is the difference between company and business name?

The difference between a trading name, business name and company name. A business name is simply a name under which you conduct a business. … A company is a separate legal entity registered with ASIC.

What happens if someone trademarks your business 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.

What is the difference between a company name and a trading name?

When you register a company name at Companies House, it is protected by law so no other business can use it. Trading names do not receive this protection, which means that if someone wanted to register your trading name as a limited company, they could do so, whilst also demanding that you stop using it.

Can I use any trading name?

You can also trade using a different name to your registered name. This is known as a ‘business name’ or ‘trading name’. Trading names must not: be the same as an existing trade mark.

How do you protect a trading name?

You can register your trade mark:At the Intellectual Property Office to protect it in the UK.At the local trade marks registry in other countries to protect it there.At the European Community Trade Marks registry, to protect it throughout the EU as a ‘European Community Trade Mark’ – one application, one fee.More items…

What is a trade name example?

A trade name is generally considered the name a business uses for advertising and sales purposes. A trade name is sometimes referred to as a “fictitious” or “doing business as (DBA)” title. For example, “McDonald’s” may be the trade name, but the legal name is “McDonald’s Corporation.” A trademark is a brand name.

Can you use the same brand name for different products?

And the answer to that is yes because when you register a trademark, you don’t get a monopoly over a word, phrase, or logo itself. … So as long as your products and services are completely different from the other registered trademarks you can safely use or even register that.

Can 2 businesses have the 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. These rules exist to protect the general public from being misled or confused.

Does a trading name have to be registered?

You need to register a business name if you conduct business under a name other than your own. A business name, also known as a trading name, is a name or title under which a person, or other legal entity, carries on business. When you register a business name, you register it nationally.

How do I protect my business name?

Protect Your Brand Name in 5 StepsRegister your domain name. Domain names are an important part of any business brand today. … Trademark your business name and logo. … Use your brand. … Monitor your brand. … Deal with infringement immediately.

The legal name of a business is the official name of the person or entity that owns a business. If you are the only owner of your business, then its legal name is simply your full name. … For limited partnerships, LLCs, and corporations, the legal name of the business is the name registered with the state filing office.