How does a DBA work with an LLC?

A single LLC entity can operate with multiple businesses using a DBA. For a DBA to be used legally by the business owners, they are required to register the name in accordance with state laws where the business operates. A penalty is imposed on businesses when they fail to register a DBA prior to operations.

How to account for company name and a DBA in a contract?

Basically, in every place in the contract that calls for the name of the business, indicate the company’s legal name and that it is doing business under another name. Format used is not as important as simply conveying the information.

Who is the first named insured on a DBA?

In most cases the corporation should be listed as the first named insured with any other D/B/As or organizations listed as additional insureds. At the initial application, or on renewal, agents should question insureds as to the possibility of the named insured acquiring or forming organizations or using a new D/B/A.

Can a company use an alias for a DBA?

Doing Business As. States allow businesses to use an alias — also known as a “doing business as,” DBA, fictitious name statement or assumed name — as long as the name is properly registered with a state or local office. Registration allows anyone to look up the DBA and find out the legal name of the company.

What does DBA stand for in Business category?

The DBAs are called umbrella companies for the corporation and will save you money. If you have a small business, you can create a DBA with the secretary of state or county clerk and run the business as a partnership or sole proprietorship.

What does it mean to have two DBAs?

Instead, you file two additional DBAs: Jimmy’s Fresh Fruit & Pies LLC and Jimmy’s Fresh Pizza Dough LLC. Both DBAs are registered alongside your initial company (Jimmy’s Bakery LLC). A DBA doesn’t create a new entity; a DBA allows your company to legally operate under various names.