4 Lessons Learned: Names

Guidelines To Help An Individual With Professional Business Registrations And Searches

Every business person understands the importance of having a unique business name and having it registered that is why the search should begin earlier. In a place like Ontario, it is easy for an individual to start and prosper in running an enterprise but you need to have the right attitude. If one wants to register their firm, be ready to go through a step by step process that ensures one misses nothing.

Pick A Name

Picking the name of your firm is not as tough as most people might think, but one has to come up with a lot of them so that you will have varieties to choose from when it comes to the actual selecting. Customers will get to find your company easily by searching the name but even as one goes through the process, they need to learn what is required because some phrases are not accepted in the business world.

Conduct A Search Thoroughly

After coming up with a couple of names, you need to do your investigation and see the names that have already been picked and get them off your list. Just because a name has been registered does not give the firm exclusivity, however, in your research, one will come to the location of companies using a similar name and you also have a chance of knowing that that have sought exclusivity.

The Actual Registration Process

When one goes to the registration bureau there are a few things that are required, and that is why one needs to draft a description of what the firm will be doing, its location, and it is essential also to register your partners and their addresses. There are so many places that one can use to register their firm in Ontario which could be a public office or one has a chance to do it online. An online registration is faster for most people, and one also has a chance of carrying out other services like getting permits and insurance covered.

It Is Required That One Renews Their Business Name

After about five years, each corporation is required to renew its name and the bureau will not send a reminder so one should mark the date of when the renewing process should be done. In a situation your firm name changes within that period, no one needs to register their firm ounce more and pay the registration fee.

It is critical for one to get the licenses after registering a corporation which keeps you on the right track and helps your firm without too much delay. A professional would not only come up with a name but also ensure it is registered and if an individual wants exclusivity, consider getting a trademark.

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