Establish Name Contract For Free

Although there is no formal space for initials, each party should initial the same spot on every page. To make small edits to a legal document, cross out the term in question, write the alterations, and have each party initial next to the changes. Larger changes may require an amendment or separate document.

A trade name is also known as a fictitious name or a DBA (doing business as). A registered business entity can file for Registration of Trade Name (Form T-1) as long as the name is different from its registered name.

A DBA, or ?doing business as?, comes into play if, for example, your LLC's legal name is ?The John Doe LLC? but you want customers to know you as ?Superlative Salon? or, well, anything besides ?The John Doe LLC.?

When considering the difference between DBA and LLC, a limited liability company, or ?LLC,? is a legal body that is separate and distinct from its owners. A ?DBA,? or ?doing business as,? is merely a name owners use to conduct their business and has no legal force.

Typically abbreviated, this is the title commonly used to identify the contract. This name often includes the name of the offering insurance company. Benefits. The contract name identifies the particular contract that an individual buys.

This means a signature could be written to capture the full name of a person. On the other hand, initials are just a letter from a name usually the first letter of a name. However, it is important to note that despite the differences, both signature and initial can be used on documents and are acceptable.

DBAs can be helpful for myriad reasons and can allow business owners to operate under a different name without the headache of legally changing the name of the company. Most states require you to register a DBA if you'll be doing business under a name other than your own name or your official business name.