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Using your own name maximizes the value of your personal credibility as a respected and reputable supplier in your market. Builds trust and credibility: Customers like to know there are real people behind a business who will be accountable for their products and services.
Using your own name gives your business a unique identity that can help you stand out in a crowded marketplace. Your own name is so specific that it helps people remember your business, especially if they already know you as an individual or if your name is distinctive.
Law firm attorney Ugo Lord suggests his clients to register their LLC in their personal name to enjoy the benefits of legal liability but advises to run the company under DBA - Doing Business As, with another name.
A 'trading name' refers to an unregistered name that businesses could use before the introduction of the National Business Names Register on 28 May 2012. A trading name is not a registered business name. If you wish to continue using a trading name, you need to register it as a business name.
The entity name is the name used by a business to enter into contracts and make other legal or administrative commitments. On the other hand, the business name is the name your business operates under and shares with its clients, customers and employees.
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How to Name Your Business: 8 Types of Names to Avoid Generic names. ... Names that limit future growth. ... Names that are too hard to spell, say, or read. ... Misleading names. ... Names too long for a social media handle. ... Names with double meanings. ... Names that clash with branding. ... Names too similar to competitors.

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