PinShare3TweetShareEmail3 SharesA DBA or a “Doing Business As” is an assumed name that sets your business apart from you, or your personal “self”. It is often referred to as a Trade Name (not to be confused with trademark) and the terms used can vary by State. You may hear words like, fictitious name, assumed name and trade name used interchangeably. Basically it is your branding, or in other words, it’s your business name that you want people to be aware of.What A DBA Is NOTIt is not the name of your corporation, partnership or LLCYour personal nameA TrademarkA level of protection for your personal assets States That Don’t Require DBA RegistrationAlabama, Arizona, Kansas, Mississippi, New Mexico, South Carolina (Only foreign businesses operating in the state can register), Tennessee, Virginia (Only if assumed name differs from legal business name)* Why A DBA Is ImportantIt is required to conduct business legally in most areas*It is required on government forms & applications, such as your apps for a business license, business permits or a Federal Employer Tax ID.* Other Benefits to Having A DBAGetting a DBA, keeps your start-up costs low. You don’t have to have an attorney to start your business and you won’t need an accountant to keep your books for tax filing purposes or reporting.You can list multiple businesses under 1 name. For example, you own a parenting blog and you own a separate website where you sell goods & services related to parenting. So you see, both of these can fall under the umbrella of 1 name, but still remain 2 separate businesses that you own and operate.On the flip side, if you own a local flower shop, own a blog about pets, have an Etsy shop online and a photography business, you can have DBA’s for each of those ventures to hold onto your separate branding for each. You can have separate bank accounts, books etc.You can continue to file your business income taxes along with your personal taxes. No separate business tax filing is necessary.Having a DBA, allows you to open business banking accounts, to conduct transactions and make deposits/withdrawals under your business name. This also allows you to keep your business banking separate from your personal banking and receive additional business perks.It also offers a small level of protection over your business name. Although, it doesn’t trademark your name, it will help prevent other local people from using your exact business name if you register it.With a DBA, you have complete control over your business, how much profit you make or take and you can maintain your own accounting. Hiring professionals to handle pieces of your business, are totally optional.*Remember to always refer to your local jurisdiction regarding the business filing requirements for your venture. You can seek the help of an attorney or business law expert for your jurisdiction. Most States have information readily available at local levels with your city, county &/or state government offices or websites. Remember, there are some states that do not have DBA filing requirements. CHECK THIS OUT ✴ When It's Time To Cut Ties With A Blogging NetworkReferencesU.S. Small Business Administration, www.sba.gov Entrepreneur Magazine, DBA Requirements all States, www.entrepreneur.comRelated articles Is Work-Life Balance for Entrepreneurs an Oxymoron? The following two tabs change content below.BioLatest PostsCandice S.Founder, E of Women's Lifestyle Blog, Naturally Stellar | Copywriter and Content Creator | I left corporate life 8+ years ago, to pursue my goal of becoming a writer. Boom!! I did that! Now I'm an accomplished copywriter and then some! You should hire me. #RockStarMomsLatest posts by Candice S. (see all) Quick 5 Minute Updo And Hiding Gray Hair With Gray Away - October 23, 2020 10 Dope Beauty Boxes For Product Curious Chicks - October 16, 2020 Perfect Fall Family Movie Night + Snack Ideas and Movie List - October 12, 2020 2 Responses Naturally Stellar | Maintain Lean Muscle with Protein Smoothies ⋆ Naturally Stellar August 18, 2017 […] So You Started A Business, Do You Have A DBA? […] Reply 5 Tips To Develop a Great Work Ethic | Naturally Stellar April 23, 2014 […] So You Started A Business, Do You Have A DBA? […] ReplyGot something to say? Leave a comment Cancel reply This site uses Akismet to reduce spam. Learn how your comment data is processed.