EGP Business Solutions

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Which Entity Is Best For Your Business

What is a DBA (Doing Business As) name

DBA stands for "Doing Business As" and is an official registration of your business name. In some states, this can be referred to as a "fictitious business name" or "assumed" name. A DBA name is different from your personal name

If your business conducts any business - such as transactions, marketing, advertising, or printing out business cards - under a name that is not your own name, you will need to file and register a DBA in the state or county you are doing business in. A good example is if Jane Smith wanted to start Jane´s Tax Services, she would need to file for a DBA. Once you have conducted a business name search and filed for a DBA, you will be able to claim the name for yourself. This helps to reduce any potential chances of fraud.

Start a Corporation

Formal management structure Ability to raise capital by issuing stock Potential tax deductible fringe benefits

Start an LLC

Simple management structure Less paperwork; no meeting requirements No double taxation on salaries

Not sure which type of business entity is right for you

Try our Free Entity Wizard or view our Business Entity Comparision Table

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