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ReCon serve of Michigan, Inc. Grand Rapids Credit Application Attn: Cheryl Burden — Credit Department 2811 Wilshire Blvd., Ste. 410 Santa Monica, CA 90403 Phone: 310-458-1574 ext. 240 Fax: 310-451-5371

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How to fill out business name legal name

How to fill out business name legal name:

01

Research the requirements: Before filling out the business name legal name, it is essential to research the specific requirements and regulations in your jurisdiction. Different countries or states may have different rules for naming a business, so it is crucial to ensure compliance with the law.

02

Choose a unique and appropriate name: Selecting a business name that is unique and appropriate is an important step. The name should accurately reflect your business and should not be similar to any existing entities in your industry to avoid confusion. Additionally, ensure that the chosen name is not trademarked or copyrighted by another entity.

03

Check for name availability: To determine if the chosen business name is available, you need to search through existing business registries or databases. This step will help you identify if there are any businesses already registered with a similar name or if the name you have selected is already in use.

04

Register your business name: Once you have confirmed the availability of your chosen business name, you will need to register it. The registration process can vary depending on your location, but generally involves submitting an application form with the relevant authorities, along with any necessary fees.

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Consider legal entity selection: Along with filling out the business name legal name, you may also need to consider the legal entity type for your business, such as sole proprietorship, partnership, limited liability company (LLC), or corporation. This decision will have implications for legal and tax purposes, so it is advisable to consult with a legal professional or business advisor to determine the most suitable option for your specific circumstances.

Who needs business name legal name:

01

Individuals starting a sole proprietorship: If you plan to operate your business as a sole proprietorship, you will need to provide a legal name for your business. This legal name can be your own name or a fictitious name, but it is necessary for the registration and identification of your business.

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Partners forming a partnership: When two or more individuals come together to form a partnership, they will need to determine a legal name for their business entity. This enables the partnership to enter into contracts, hire employees, and conduct business transactions under a recognized name.

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Companies incorporating or registering as an LLC: For businesses planning to incorporate or register as a limited liability company (LLC), the selection of a legal name is a crucial step. This legal name will be used for official filings, contracts, bank accounts, and other business transactions.

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Existing businesses undergoing a name change: If an already established business wishes to change its legal name, it will also need to go through the process of filling out a business name legal name. This ensures proper documentation and notification of the name change to relevant parties, such as customers, suppliers, and government agencies.

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