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A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. [1] The term for this type of alternative name is fictitious business name. [1] Registering the fictitious name with a relevant government body is often required.
The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [5]
A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries.
The most common and traditional unincorporated entities are sole traders, partnerships, and trustees of trusts. Modern unincorporated entities include limited partnerships (but not incorporated limited partnerships), limited liability partnerships (but not UK Limited Liability Partnerships, which are corporations), Limited liability limited partnerships, and limited liability companies.
Commonly used name by consumers in the U.S. and Canada, but the name is still a trademark. [192] Romex Non-metallic sheathed cable, Thermoplastic-sheathed cable Southwire (company). [193] Commonly used name by consumers in the U.S., but the name is still a trademark. [citation needed] Roomba: Robotic vacuum cleaner: iRobot Corporation
LLC business loan document requirements are similar to those of other types of business loans. ... Your name. Your address (and, if different, your business address) Your Social Security number.
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