BUYING AND SELLING NAMES VS BUSINESS NAMES. To illustrate your company is known as Lollies Limited however you commerce as Delicious Candy Shop. Your public going through brand reveals Delicious Sweet Store” but also needs to show Lollies Restricted, buying and selling as Delicious Sweet Shop” somewhere on your paperwork. Again, this informs folks of the authorized entity behind the brand they are coping with and prevents personal liability claims.
The business was referred to as, for example, X Ltd however traded as XYZ. The website was and all branding and so on was in the trading name. We opened a bank account within the X Ltd title and of course registered the same with companies house. We solely ever obtained monies to that account and had been only directors of the Ltd company. As a Sole Trader you possibly can name your business no matter you want so long … Read More