How should you name your LLC?
When you form an LLC, Naming is the first step. Once you have named your LLC, you can begin your LLC filing with the state’s office. A good name is significant for your business. The name must follow particular guidelines for the state to approve them. The name of your LLC takes an important role in building your business’ reputation. Your LLC name should be easy to spell, short, and positive.
Availability of the name of an LLC
You have to search with the Secretary of State to check if your desired name is available. Your LLC name should be unique and one that does not infringe other people’s business names.
Requirement for LLC name
Your LLC name must include LLC or Limited Liability Company or L.L.C. Mostly, the abbreviation ‘LLC’ is used. Using LLC designators is a requirement while forming an LLC.
Restrictions in using LLC name
Your name cannot include words that can confuse your LLC name with a government agency like FBI or Treasury. Your LLC name should also not include anything that says your business is some sort of corporation or a bank. You must not use the words like ‘Corporation, Incorporated, Bank or Insurance’. Because you need approval from state agencies for using such terms.
Distinguishability for the name of an LLC
Your desired name for your LLC must be unique. It should not be similar to other business names in your state. The state will not approve your name if an already existing company has the same name.
Just because you change some singular, plural, or possessive form of a word, it does not mean your LLC name is different from others.
Merely using articles ‘A, An, and The’ does not change the word.
Even conjunctions like ‘and’, ‘or’ ‘&’ do not create distinguishability.
When you use punctuations or special characters: “Hyphen (-), Slash (/), Comma (,), Colon (;), an Exclamation mark (!), you are not making your LLC name unique.
Using numerals or the name of numerals (one, two) cannot distinguish your name.
Even the names that feel like a synonym to an existing company’s name, are rejected by the state.
Suggestions of words to use in your LLC name
Here are some suggestions from us to you that you can use in your LLC name:
Advisors
Associates
Capital
Company
Consultants
Development
Group
Holdings
Investments
Management
Partners
Realty
Team
Ventures