Add a Last a Name Field Legal Missouri Startup for Sole Proprietorship Forms For Free

If you're a sole proprietor, you don't have to get an EIN if you have no employees and started your own business, instead of buying an existing business. So long as you don't switch to another business form such as a limited liability company or corporation, you can use your Social Security number for tax purposes.

Missouri gives you the option to serve as your own registered agent. This choice can be an attractive option for small business owners who maintain a consistent physical presence at their registered office location during regular business hours.

What happens when two businesses have the same name? It depends. If the two businesses aren't competitors (by geographic market or industry standards), then they can probably peacefully coexist. But if they're competing businesses, common law dictates that the first person to use the name has the primary claim to it.

Trademarking a name as a sole proprietor can be a viable option depending on your specific circumstances. While it is not mandatory to incorporate before trademarking, there are some considerations to keep in mind.

For example, if your business is a registered LLC, it would be called "ABC Marketing, LLC." If another person tried to use that name, but as a corporation, that isn't different enough to be distinguishable and wouldn't be allowed.

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 also use a 'trading as' name (this is also known as a "business name". So you could be “John Smith trading as Slapdash Decorators”.

A sole proprietorship has no existence separate from its owner. Therefore, the legal or true name of a sole proprietorship is its owner's full name. But if the business will be operating under a different name, most jurisdictions require that the name be registered.

The answer is yes. You can operate multiple businesses under one LLC. However, if liability concerns or difficulties managing diverse activities under one LLC are issues, you might explore other structural options.

Sole Proprietors are required by law to use their name as the legal name of their business. However, sole proprietors can operate the business activity under another name, a fictitious business name. 'Doing Business As', is optional, it is a fictitious name, used when you don't use your own name to conduct business.