Get Doing Business In

The verb transact is almost always used with the word "business." To transact business is to conduct it, as when a shopkeeper sells groceries to a customer.

When you begin to engage in business activities outside your formation state, you're likely to hear the term “doing business”. “Doing business” refers to the process of carrying on the normal activities of a business in another state on a regular basis or with substantial contacts — not just an occasional shipment.

In the 2020 Ease of Doing Business Index, the US ranked 6th out of 190 economies. It also ranked 10th in the IMD World Competitiveness Ranking for 2021 and has remained one of the top 10 economies for the past five years.

For example, California's Franchise Board defines it as “actively engaging in any transaction for the purpose of financial or pecuniary gain or profit.” If you want that in English, “doing business” is essentially a legal term that means your company has established a sufficient financial foothold in a state's business ...

DBA stands for “doing business as”. A DBA name is also referred to as a “trade name”, “assumed name”, or “fictitious business name”. The purpose of registering a DBA name is to notify the public that a particular person or business entity is conducting business under a name other than its legal name.

Indicator Name. Ease of doing business index (1=most business-friendly regulations) Long definition. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation.

Physical location. You have a physical location, such as a warehouse, office, store or restaurant, in the state. (But, simply owning real property, or holding mortgages on real property, generally isn't considered doing business.) Employees. You have employees in the state.