What is a sole trader business name? Can sole traders use trading as names? Is there a Register of sole trader business names in the UK?
The business can operate under the name of the owner or the name that the owner chooses to use. Registerings as a sole trader does not register or protect your business name but it can be protected using other methods.
This makes sure that the name is reserved on the Companies House register and that no-one else can register the same name. It also gives you a fixed point to show you have asserted your rights on the name which can be useful if you ever get involved. See full list on thecompanywarehouse.
When you register as a Sole Trader you register your own name with HMRC and this is the name that you should be trading under (e.g. John Smith). However, you can use a ‘trading as’name. So you could be “John Smith trading as Slapdash Decorators”.
You have to show the first part of this (John Smith trading as) on any signs, adverts or websites but it does not have to be the same size as your ‘trading as’ name. So, for instance, your website could be slapdashdecorators.
Slapdash Decorators across the top of every page as long as you have a clear statement at the bottom of the page that your are John Smith trading as. This allows you to put across a brand image in a way that using your own name might not. The big problem with this is that your ‘trading as’ name will not be registered or recorded anywhere. Therefore there is nothing to stop anyone else from using it and potentially taking advantage of your brand image. There is also no way to check if another sole trad.
Because there is no central register of names used by Sole Traders it is very hard to tell if the fantastic idea you have just had for your new business name is already in use. If you do accidently start using a name which an established business has a claim to you could be open to claims of passing off. While passing off is often hard to prove trade mark infringement is not.
In fact trade mark infringement is the strongest form of protection for business names in the UK. If you use a business name which someone has a trade mark on then they can force you to change your name or to stop trading. If you think that being a sole trader is the right way to start up your business you can use our Free Sole Trader Registrationservice. People operating as sole traders or in general partnerships can trade under their own names , or choose a different business name. Accounting, bookkeeping and tax preparation services are popular, profitable home-based.
Sole trader , partnership and limited partnership names - the rules. Freelance writers contribute a variety of written content to magazines, websites and other businesses. Charles , a single owner proprietorship is a sole trader.
Also, the board of directors representing the majority of the shareowners actually operate as ‘sole traders’ when, for example, a buy out offer is made. Her legal name is Tessa Le. She wants her business to be known as. Clare Smith and Ari Tilo run a plumbing business together, operating as a partnership. Their partnership’s legal name is.
Whether you decide to operate your business as a sole trader or limited company, you’ll have to come up with a name for your fledgeling enterprise. Although it may seem like a trivial decision, for many businesses just starting out it can take days, even weeks, to come up with a company name they’re happy with. Jane owns a beauty supply store in the town where she resides. He takes all the business decisions alone and if he dies,the business is also dead.
A sole trader is the simplest type of business structure defined in UK law. Examples are: A local grocery trader. A single person art studio consultant. The sole trader business name implies that the business is not a sole trader for example by using the words limite Lt public limited company, PLC. They can also hire people if they want to.
If you are the only owner of the business and the business is not incorporate then your company is probably a sole proprietorship. Other examples include small businesses, such as a single person art studio, a local jewelry store, or a pet management service. Continuously check the global ramifications. As a sole trader you will be legally responsible for all aspects of the business.
You’ll generally make all the decisions about starting and running your business and you can employ people.
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