Business name change checklist

How can I change my corporate name? Can I change business name? What companies have changed their names? How to file a corporation name change with the IRS? I want to emphasize that while you, as the business owner ,. Checking with the county ,.

Changing your business name - checklist There are certain steps you need to take if you change the name of your business , ranging from notifying Companies House to updating your website and literature. Choose your new business name. Review all your internal documentation, eg employment contracts, and update these as necessary. Bank and financial accounts: Notify your bank or credit union. Credit and debit cards: Ask your issuers if you need replacement cards.

If so, and the numbers change, make sure you update any payments automatically paid through the old account numbers. Clients, suppliers, and vendors: Notify them as well. Credit agencies: Notify the major commercial credit agencies.

Experian recommends small business owners visit BusinessCreditFacts. Equifax does not require a business owner to notify them of a name change as long as the business maintains the same tax ID number and credit accounts. LexisNexis does not require the business owner notify it of the new name.

See full list on nav. All those envelopes, business cards, and brochures you recently had printed will have to be redone with your new company name and logo. While you may want to keep a few old items around for nostalgia (or scrap paper), consider donating them to others rather than simply throwing them in a trash heap. Employees may want to donate letterhead to their kids’ school for use as scrap paper, for example, and your local charity may welcome those mugs, pens, or T-shirts you won’t be using. Other items that might need updating: 1. Sign for front desk 3. Building ID badges 9. And still weeks (sometimes months) later, we would catch a reference to our old name somewhere that would need to be fixed.

Here are just a few of the things you may need to change with your online presence: 1. You’ll need to update your social media accounts including: 1. TripAdvisor And any others on which your business has a presence. In others you may be able to simply change the name. It’s not a bad idea to leave a message in your profile for the first month or two alerting your community to the name change so there’s less confusion.

The procedure will vary.

There may be a number of legal documents that need to be updated. Be sure to consult with your attorney or in-house counsel to make sure you are covered. Department of Corporations or state agency registration 7. Stock certificates 8. Your employees will appreciate a smooth transition, so make sure HR issues are covered. These may include: 1. Unemployment insurance 5. Change the name on all legal docs.

When planning to change your business name , you have to be ready to change or update your company documents and accounts. It is just so important that you make these changes and updates otherwise your business activities and transactions will be adversely affected. You can change a corporation name gradually – by phasing in new materials over a period of time. Or you can do it radically: Everything new and in place on one changeover date.

Either way, you’ve got a lengthy list of materials to consider. Here’s a checklist that can help as you pore over business records and gather samples. So, let’s discuss the implications in the marketplace of changing your name. Evaluate each potential name based on its ability to convey to customers what your company does. Select the business name that will have the most general appeal.

Select a business name that will work on the Web. A big factor in the success of a name change , of course, is picking a good name to switch to. And when you’ve picked a good name business name , you’ll need to decide whether to protect it with a trademark. So if you haven’t already read them, be sure to check out the first two tutorials in this series on naming a business.

To help, we’ve included a checklist below.