Friday Archive Dive: DBA
Today’s Archive Dive comes from Feb. 11, 2013, when we discussed the DBA.
A DBA is an important part of establish your business as a standalone entity. The acronym stands for “Doing Business As,” and it is a legal document that says, “When you see XYZ on a form, that’s really John Doe doing business under that business’ name.”
Registering a DBA varies from state-to-state. Most of the time, however, it’s a document filed either with your County Clerk or your state government. Your CPA can help you navigate those waters based on where you live.
Sole proprietors (as well as corporations and LLCs) may set up a “DBA” to indicate on forms and legal documents that the activities in question are being handled on behalf of a business — and not necessarily an individual’s concern.
Not all states require the filing of a DBA. But if it is available where you live, it’s an excellent first step in separating your business affairs from your personal ones.
For more information on registering your business with your state government, please use this helpful resource.