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When Bad Things Happen to Your Good Name Financial Services Form
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People also ask
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What names should an LLC avoid?
Your LLC's name can't contain the words like “bank,” “trust,” “trustee,” “insurer,” “insurance company” or any other words suggesting you're in the insurance business (unless you are). You can't include things like “incorporated,” “inc.” or “corporation,” because your LLC is not a corporation.
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What are the rules regarding business names?
Business name should not imply illegal activity. Language cannot be discriminatory, obscene or promote abuse. The name can't be deceptively similar to that of another registered business or infringe on any trademark.
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What makes a bad business name?
Using a Business Name That's Too Long, Difficult to Understand, or Hard to Spell or Pronounce. Ideally, your new business name should be made up of words that are easy to remember, spell, and say.
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What is an example of a fictitious business name?
For example, a restaurant owned by a corporation named Axiom, Inc. may operate several restaurants, one called “Ms Peggy's Famous Foods” and another called, “Uncle Joe's Pancakes.”
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What words should you avoid in an LLC name?
Avoid Misleading Terms Make sure your name doesn't suggest or imply your business is an inaccurate type of enterprise. Your LLC's name can't contain the words like “bank,” “trust,” “trustee,” “insurer,” “insurance company” or any other words suggesting you're in the insurance business (unless you are).
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Can a business name be misleading?
21001.1. The Secretary of State shall not file a document or grant a name reservation that sets forth a proposed corporate name that is likely to mislead the public.
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What is misleading a business name?
Intentional Misleading: If a business deliberately adopts a name that closely mimics another well-established brand with the intention of misleading consumers, it is clearly unacceptable. This deceptive practice can harm the authentic brand's reputation and is often indicative of unethical business practices.
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Is it bad to have your name in your business?
If you plan to expand your company outside of your local area, using your personal name for your company name is unwise. Difficult to Sell Your Company – If you decide to use your first or last name in your brand name you have drastically reduced your company valuation for resale.
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