When starting a brand new enterprise, there are numerous necessary decisions to make and plenty of guidelines and procedures that have to be addressed. If the enterprise will function as a sole proprietorship or a normal partnership, an Assumed Identify Certificates or d.b.a. (doing enterprise as) for every title (or deviation of that identify) the enterprise will use should be on file with the county clerk in every county the place a business premise might be maintained.
Failing to do so can get you in hassle with the tax authorities, and in any case it’s simply dangerous business observe—if you don’t have a clear, correct image of how much money is flowing out and in of your company, you won’t be able to make the precise decisions for its well being and development.
If the business will operate as a corporation, limited partnership, or limited liability firm, and the enterprise shall be recognized by a reputation other than the identify on file with the Secretary of State, an Assumed Identify Certificates should be filed with the Secretary of State and each county in which the business may have a registered or principal workplace.
We have basically been refining the enterprise thought and ensuring that it passes at least the fundamental checks: you’re offering a service or product that folks need, and you may see at least a theoretical manner of making money from it.
Within the State of Texas, all partnerships, restricted legal responsibility firms and companies are all filed via the Office of the Texas Secretary of State Please review their web site for information concerning a majority of these business filings.