Results 1 to 3 of 3

Business registration

| General - Let's talk business
  1. #1
    Russell started this thread.
    Russell's Avatar
    SMF Badges of Honor

    Member since
    Jan 2012
    Location
    Chicago,Il
    Posts
    815
    Thanks
    495
    Thanked 707 Times in 324 Posts

    Business registration

    Once again, I implore those using fictitious names to register your name. Let me explain to the naysayers, what could potentially happen. If I see your name, I can easily search and see if its been registered. If it has not, I could potentially register and trademark your name for myself. This leaves you open for some trouble by continuing to use your own name that you put in the time and effort to come up with.

    You can actually just register as a doing business as and its pretty simple. Registering as an actual business is a much wiser decision for legal obligation. But for those just starting out without much a dba or doing business as will safeguard your name and keep any else from legally using it in the same state, giving YOU the advantage.

    Using your actual given name is an alternative that many handymen/painters use. For example Joe Smith painting is a perfectly fine example. In some states you may even use your last name Smiths painting. You wouldn't need to do anything because Joe Smith is your legal name. Your ssn proves that. The downsides to this are pretty obvious, as you're less protected. Yes running an actual business can be a real pita but in a lawsuit happy world where worms seem to thrive a little research and due diligence will save you in the long run.



    Perhaps when I'm looking to expand MY business YOUR well thought out fake unregistered will be a nice addition to MY business venture.

  2. The Following User Says Thank You to Russell for This Post:



  3. #2
    Libertytow's Avatar
    SMF Badges of Honor

    Member since
    Sep 2012
    Location
    Silverton NJ
    Posts
    562
    Thanks
    64
    Thanked 340 Times in 180 Posts
    Russell i will be the first to tell you there is huge $$$ in doing just that the problem lies in how it is presented abc painting may not have registered abcd painting or a1 recycling may not have registered a1 iron & metals it"s all in the lname but buy the sisters to it also
    Liberty Towing & Recycling
    (732)279-8599
    Cleaning up NJ 1 LB at a time!
    Certified Mobile Scales
    Fully Insured Carrier usdot # 1802487
    WWW.LibertyTowing.Webs.Com
    WWW.TRRecycles.Webs.com

  4. The Following User Says Thank You to Libertytow for This Post:


  5. #3
    Russell started this thread.
    Russell's Avatar
    SMF Badges of Honor

    Member since
    Jan 2012
    Location
    Chicago,Il
    Posts
    815
    Thanks
    495
    Thanked 707 Times in 324 Posts
    As well as website domains, Liberty... I also like the fact you take pride in your dot#. I will be joining you shortly on the small list of dot compliant members. Illinois is so strict on everything however its one of the more relaxed on dot #'s. Alas because of the 10,000 lb rule I will have to register.

    Another good thing about registering is; generally, if you apply for a name and its too close in spelling or sound to an existing co. It will get rejected, avoiding confusion and keeping the integrity of companies.
    Last edited by Russell; 03-24-2013 at 10:20 PM.


  6. Similar threads on the Scrap Metal Forum

    1. Replies: 39
      Last Post: 07-17-2016, 08:21 PM
    2. Business?
      By WMSTR in forum General - Let's talk business
      Replies: 2
      Last Post: 06-01-2012, 09:32 PM
    3. Got some New business
      By gamedayron in forum A Day in the Life of a Scrapper
      Replies: 15
      Last Post: 12-21-2011, 03:25 AM
    4. New to the business
      By bacobbs in forum Introduce yourself
      Replies: 2
      Last Post: 12-10-2011, 12:11 PM
    5. What Business am I Really In?
      By Kris Kringle in forum A Day in the Life of a Scrapper
      Replies: 11
      Last Post: 07-11-2011, 12:17 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook