Register a Business Name in New York

Register a Business Name in New York

Register a Business Name in New York : Multi-thousand tips to make your life easier.

If you want to operate a business in New York City, you must operate within government standards. This is important so you can be certain that your new business is registered in government records. Proper name registration also enables you to operate without problems. So before operating your business in the city, it is best to register the business name first. Here is a guide to help you successfully register your business name:

• Pick your business name. Decide on the name you prefer to register. Keep in mind that this name can work to your business's advantage. Also, make sure it is unique and no other business in the city is named similarly to your idea.
• Know where to register the business name. Depending on the type of ownership of your business, you must submit your registration to different agencies. For instance, if the business name is similar to the name appearing on your IDs and tax documents, you no longer need to register for a business name. However, if you are a sole proprietor but do not want to use your own name for the business, you must apply for a business certificate at the county clerk's office where your new business is operating. The same process applies to partnership businesses. If you are starting a corporation, the registration must be submitted to the Secretary of State's office in Albany.
• Obtain the Federal Employer Identification Number (EIN) for your business. This is required if you operate your business with hired employees. Even if you hire only one employee, you must get an EIN, especially for tax returns or federal pension purposes. Refer to the IRS for information on how to obtain this identification number. Note that if you are a sole proprietor without employees, your Social Security number can serve as your EIN. Therefore, skip this step if you do not plan to hire anyone to help you run your business.
• Trademark your registered business name. Although this is not a necessity, it is a practical security measure for your business. It can also protect you against businesses that plan to use the same business name as yours across the country. You can easily trademark the name by visiting www.uspto.gov.
• Start operating your business. Once you have everything ready, you can start. Note that opening your business without completing the proper registration process first is not a good idea. It is an illegal action, and you could be punished under New York City law if you are caught.

Successfully registering your business name can mark the success of your business. Although this may require some of your time, money, and effort, it is all worth it in the end. Keep in mind that if you have not completed the proper registration, you and your business could face serious trouble sooner or later.