How to Choose and Apply for a Business Name
When you’re starting up a business, the first thing you’ll need to do – even before registering as a company – is to learn more about issues such as the financial and legal responsibilities of running a business. You’ll need to understand your liability and responsibilities as well as tax obligations. There’s lots of information available on these topics with a simple search, and these things are essential to know so that you can fulfill the legal requirements of running a business.
Choosing a business name
One of the things you can do when starting your business is to select and register a business name. When you apply for a business name, you may use your ACN, or you may select a unique name. Your business name will include your company’s legal status. For example, if your company is proprietary, you must use “Pty” or “Proprietary” in your business name. There are some exceptions, so be sure you understand these rules before you choose and apply for your business name.
Business name restrictions
If you’re wondering how to apply for a business name, be aware that you will need to pick a name that another company has not already registered. If you want to use certain words in your business name, you’ll need special approval, so check these guidelines. You will also need to register your business name if you plan to conduct business under a different name than your registered business name. Keep in mind that your business name will not protect your brand or intellectual property, so it’s important to learn what differentiates a business name from a trademark before making choices about which is the right option for you.
How to apply for a business name with Top Business Name
Registering your business name is easy and fast with Top Business Name. We provide business name registration services for new start-ups including trusts, partnerships, joint ventures, and sole traders as well as existing companies that already have an ABN (Australian Business Number).
You may need an ACN (Australian Company Number), a nine-digit number assigned to each business in Australia by ASIC. If your business is operating as a company, you must not only have an ACN but also include specific documents such as invoices, receipts, material orders, promotional ads, and company letterheads. Your ACN will also be part of your ABN.
Whether you need to register a new business name or renew your registration, you can do it quickly at Top Business Name. We provide all our customers with quality service, and we go above and beyond in terms of offering outstanding value for the money. We also provide customer support on weekends so that you can get the service you deserve at your convenience. Your business name is vital to your ultimate success. Once you’ve chosen the perfect one, protect it and meet your business requirements by registering it through Top Business Name.