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Hi Everyone! I want to know what some good "words" would be to put at the end of a company name. For example, if your company is called, let's say RockerDome, what could you put at the end of it? You're probably still confused as to what I mean, but if you take some companies that end with RockerDome, Inc, short for incorporated, or BlahBlah LLC, etc. What could you put there without breaking the law? |
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well you can put anything how ever depends on what purpose you think it serves and if your trying to use it thinking there is some advantage to you using it that will gain you customers or getting less greif for being slow with delivery forget it .. there is no advantage in saying your incorporate if your not , there is very little advantage TO SAYING YOUR A COMPANY IF YOUR NOT IN FACT IT ALL COULD BE TO YOUR DISADVANTAGE in todays suit happy world.. when you have nothing to loose there is a lot to be said for being independent.if there was some advantage all marriages are legal corporations there would be alot of Smith INC, in the world ximplly means when they are sued or judged against they are sued together judgement is against both makes sense right after all what good is a divorce if it only effected one in the corporation ( partnership) :) having a pre-nup agreement would make marriage an LLC as it limits ones liabilties in divorce one way or another. ok all that said just so you know and cant say you were never warned on the subject .. if you must put anything for what ever purpose because you think it looks cool or what ever reason no matter .. CO. is good means company plain simple standard rules tell all your here to do business make a profit .. yes there are rules to the game legally you have to up hold to for each word as you call it that you use ... its always good to be clear if you are there for profit or you are nonprofit :) INC's can be either way profit or nonprofit taxable or exsempt .. INC usually is created when a group has investments in several Companys and or corporations puts them all under the umbrella so to speak.. CO-OP is a nice ending most co-ops are non profit like INC usaully a legal term given to a group of bussiness land o lakes is a good exsample of a cooperative they don't own the dairys they just lend a name to the products produced by the milk from them .. there is no law saying you cant call your self an INC how ever dont be suprised if you get inquires as to seeing things like your written bussiness plan and so from people who want to do bussiness .. |
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Unless you are an incorporated or LLC you cannot put them after your name. If you are applying for a business license for a one off store chances are you will apply as an LLC (Limited Liability Company) meaning if something happened they cannot come after your personal property and money, only for what your business is worth. You may loose your business but you wont lose your house, unless of course you use your house as collateral. |
