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*Sunshine* 08:05 PM 05-20-2013
Is it smart to have a name for your home daycare? If so, does it need to be registered as a business name through the state you live in or can you just start using the name? I'm looking through paperwork and sounds like a "real and true" name can be a combination of your first, middle, & last name in the title of your business. If it is an assumed name then it does not have your real and true name in the business name. The paperwork says that if a person transacts business with an unregistered assumed business name, he or she may not have standing in court to pursue or defend legal actions, and may find it difficult to do business, for example, getting licenses, opening bank accounts, and entering into contracts. It doesn't say anything about cost and is very confusing. I would think a business name would help with marketing. I'm not sure if it is required for taxes. I'm just getting started and don't want to get myself in trouble.
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