How Important Is Filing A Dba?
“Doing Business As” or DBA for short is a legal term often referred to as fictitious name, assumed name or trade name. It is a declaration of individuals and business entities that allow them to do business legally while using a fictitious name in a very easy and inexpensive manner.
Filing a DBA also allows business owners to legally accept payments, open bank accounts, and advertise under their chosen fictitious names. Having an assumed name can also avoid fraud since doing business using a name other than your legal name without proper documents is against the law.
So why would a business entity want to file a fictitious name?
Read more