

When you start a new business, one of the first decisions you’ll have to make is how to structure your company. This choice can be critical to the future health of your business. Taking time up front to consider the pros and cons of each possible structure will likely save you many headaches in the future. In certain cases, it can mean the difference between your business’s success or failure.
Business name– If you start a Sole Proprietorship, your business’s legal name is your name by default, a fact many potential sole proprietors might find unappealing. In such cases, however, a sole proprietor can register a “doing business as” name (or DBA) instead, but this option usually requires filing paperwork with the relevant state or county and paying a variable registration fee. The DBA option is also available for other business structures (including LLCs and corporations).
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