What Is A Trading Name Example
For example a company s trade name is mike s but their legal business name is mike s corporation.
What is a trading name example. The name used by a manufacturer merchant service company farming business etc to identify itself individually as a business. It s the name the public sees. For my name ideas i focused on creating names that appeal to customer values using words like.
In a number of countries the phrase trading as is used to designate a trade name. A trade name trading name or business name is a pseudonym used by companies that don t want to operate under their registered legal name. A trade name is the official name under which an individual as a sole proprietor or a company chooses to do business.
A trade name does not need to include additional words or legal phrases e g corp llc etc. A business name that lets your customer know what solutions you provide or the core values your business hold is a great way to make your business appear trustworthy and relevant. A trade name is commonly known as a doing business as dba name.
A word or phrase used in a trade to designate a business service or a particular class of goods but that is not technically a trademark either because it is not susceptible of exclusive appropriation as a trademark or because it is not affixed to goods sold in the market. A business can opt to have their business name and trade name be the same. Commerce trade product wholesale.
Sheaffer s is clearly identified as a fountain pen manufactured by the sheaffer company and no one else can produce pens with that name. The term for this type of alternative name is a fictitious business name. A trade name belongs to the first business to use it and the identification and reputation give it value and the right to protect the trade name against its use by others.