In today's video
I'm going to talk to you about how to choose a name for your LLC company
Choosing
LLC name is very important when starting an LLC
you not only want to choose a name that will reflect your business
but you want to choose a name that will allow others to feel good about your
company in today's video. I'm going to talk about how to name your LLC
Hey, there I'm Andrew
an attorney I'm Mollaei where we help entrepreneurs set up their company
So let's go ahead and talk about how to name your LLC
Choosing the right name for your LLC can be essential for the success of your
business
The name that you decide to have for your LLC will last forever
Not only will it last forever
but it's important when building your brand and it is also important
in building your company's reputation
Now, allow me to provide you with some tips when deciding on a
company name
one important tip is that you create a name that is easy to
spell when customers or clients are attempting to search your
business. You're going to want to make sure that the language in your name
your name choice is simple so that people will be able to find you
The second tip is to keep the name of your LLC short
The reason why I say this is because shorter company names are easier to
remember
So when you have customers or clients referring your business to their
friends or families
they'll be able to remember what your LLC is called
The third tip is you want to choose a name that resonates with people that
leaves them feeling good and confident after reading your business name
Now
in order to determine whether or not your name choice is available
you're going to have to check your state's database in order to determine and
confirm that your name is available to use. Keep in mind
this process is something that the Mollaei law team can help you with
Now, the reason why you want to be able to search your name in your state's
registration is to make sure that you don't infringe on other
people's names
The last thing you want to do is infringe on another company's name and
rights
It is important when you're actually creating a business name that you
differentiate that name from existing companies
You don't want to choose a name that is similar to already existing companies
So before you do anything before you file the documents with your state
before you register anything, make sure you do a name
availability search. It is important to note that when creating an LLC
when choosing a name, you must the name
and then it must end with limited liability company or
use an abbreviation such as LLC
The most common abbreviation is going to be LLC
We have found that is the most popular option and the most well-known
for example
let's say that Tom wants to start a trucking business
He decides that he wants to use a name Tom's trucking
And so he searches on his state registration to make sure that the
name is available for use. And he finds to his excitement that it is available
So when he registers the company with his state
he must put Tom's trucking, LLC
He cannot just put Tom's trucking alone
So it's important to have that abbreviation at the end of the name again
using the abbreviation such as LLC is a requirement when forming
an LLC
it is also important to note that your LLC cannot imply
that it is a corporation. In fact
you're not allowed to use the words corporation or Inc
or the abbreviations Corp or Inc anywhere in your LLC
name. So say for example, let's go back to Tom
Tom wants to start a trucking company
but he is going and he plans to form an LLC
He cannot use the name Tom's trucking Inc
or Tom's trucking incorporation
This is prohibited
So now I want to go ahead and expand on something I talked about earlier
which is distinguishing your business name from existing
names. When you search your business name in the state registry
you must make sure that when you see other company names
on that registry
you cannot use or choose a name that is similar to
existing companies. It must be distinguishable
And the reason why I say this is because the state will not approve your LLC
If there is an existing company with your desired LLC name
or if there's an existing company that has a very similar name to the name
that you have chosen
So now I want to go ahead and provide you with some examples so that you can
better understand what I'm talking about in terms of distinguishability
For example, a person wants to start a tea business
There's already an existing company with the name Tea
green LLC. The person wanting to form a new company
looks it up
in the state registry and sees the name Tea green and decides
that he wants to use the name Tea greens with an
S at the end
Now that is an example of the name not being
distinguishable
The only difference in that name is that the person added an S so you
have one existing company which is called Tea green
and then you have a person wanting to start a company wanting to call it
Tea greens. There is no distinguishability in this name
and it's likely that the state would deny the application of the
LLC for the very reason of similar names
So say for example
the person wanting to create the tea business sees that, Oh
the person called their company Tea green
limited liability company
Now the person's telling themselves I can name my company, tea green
but instead of putting limited liability company as an abbreviation
I can use a words, LLC
as stated earlier in this video
the mere term of LLC or limited liability company at the end of the name
is a designator
just because a company has LLC and you choose to use limited liability
company that does not distinguish the name
It is likely that if you were to try to change that designate toward the state
would still reject your application for your LLC
If you happen to have any questions about anything that I talked about in
today's video
please make sure you click the link in the description box below
to book a free consultation with a professional who can provide you
with more information and can help you and guide you through the process of
selecting a name for your company. And if you haven't already
please make sure you hit the like and subscribe button as well as the bell
That way you won't miss out on any future videos
And you'll be notified once we post a video
it's time to invest in yourself
It's time to rise. If you would like to continue learning more about LLCs
the benefits, the advantages, click here, choose one of these videos