What should I name my startup company?

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iamtrout

Diamond Member
Nov 21, 2001
3,001
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Probably gonna be eBay based. Just a small thing on the side. I have to register a legal business name. Any ideas? I could be selling anything from electronics to camping supplies to miscellaneous stuff.

Edit: I was thinking Wal-Mart. Has a certain ring to it.
 
AgaBoogaBoo

AgaBoogaBoo

Lifer
Feb 16, 2003
26,108
5
81
If you sell it directly under your name you don't have to have a business name, although then it'll be unlimited liabililty to you directly and everything will be taxed as personal income. Basically, just figure out exactly how you want to do things and see if it's even worth the cost of opening up an LLC or something. I opened and LLC and like it, limited liability and obviously difference in taxation.
 
I

iamtrout

Diamond Member
Nov 21, 2001
3,001
1
0
Originally posted by: AgaBoogaBoo
If you sell it directly under your name you don't have to have a business name, although then it'll be unlimited liabililty to you directly and everything will be taxed as personal income. Basically, just figure out exactly how you want to do things and see if it's even worth the cost of opening up an LLC or something. I opened and LLC and like it, limited liability and obviously difference in taxation.
Click to expand...

It's just going to be a sole proprietorshit, not an LLC. I could just use my reseller's license, but to get into some distributor membershits I have to have a legal business name, DBA, etc.
 
C

Crono

Lifer
Aug 8, 2001
23,720
1,502
136
Call it Prenda. It means stolen goods in latin (or so an online dictionary tells me).
 
Kelemvor

Kelemvor

Lifer
May 23, 2002
16,928
8
81
Something with symbols and numbers so you can show that you know wha tyou're doing.

3l33t 5up3r 5t0r3
 
T

talyn00

Golden Member
Oct 18, 2003
1,666
0
0
Originally posted by: iamtrout
Originally posted by: AgaBoogaBoo
If you sell it directly under your name you don't have to have a business name, although then it'll be unlimited liabililty to you directly and everything will be taxed as personal income. Basically, just figure out exactly how you want to do things and see if it's even worth the cost of opening up an LLC or something. I opened and LLC and like it, limited liability and obviously difference in taxation.
Click to expand...

It's just going to be a sole proprietorshit, not an LLC. I could just use my reseller's license, but to get into some distributor membershits I have to have a legal business name, DBA, etc.
Click to expand...

I'd seriously consider an LLC just to limit the liability to yourself just in case.
 
Zim Hosein

Zim Hosein

Super Moderator | Elite Member
Super Moderator
Nov 27, 1999
65,291
403
126
Originally posted by: iamtrout
Probably gonna be eBay based. Just a small thing on the side. I have to register a legal business name. Any ideas? I could be selling anything from electronics to camping supplies to miscellaneous stuff.

Edit: I was thinking Wal-Mart. Has a certain ring to it.
Click to expand...

Bait & tackle :)
 
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