Cost-effectiveness and simplicity of setup: Sole proprietorships are easy and inexpensive to establish. In most states, you don’t need to register the business or take any other official steps if you ...

A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name, such as Nancy's Nail Salon. The fictitious name is simply a trade name--it does not ...

Often entrepreneurs do not wish to seek partners when establishing their business. Further, they may also want to do away ...

If you're starting a sole proprietorship or a partnership, you have the option of choosing a business name or dba (doing business as) for your businesses. This is known as a fictitious business name.

In some cases, before you can form an LLC, you must cancel the trade name or Doing Business As (DBA) of your sole proprietorship. The type of name you can keep depends on the naming laws of your state ...

Use of assumed business names/(DBA): Both sole proprietorships and LLCs can choose a name for the business (assuming it ...