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Author Topic: FYI: Business name required or not  (Read 511 times)

Offline Mike

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FYI: Business name required or not
« on: February 08, 2016, 01:05:38 AM »
Starting a daycare, in any province or territory, is starting a business. It's not a job where you get paycheques with deductions. You get paid by your clients and you have to take care of taxes and other government costs yourself.

As a business, many businesses get a business name. A business name lets you advertise as "blablabla daycare", rather than "Jane Doe" or "John Smith". A business name sounds more professional and makes a big difference in advertising. To advertise under any name other than your own name without possible problems, you have to register your business name. You can't even advertise or operate as "Jane's daycare" safely if you don't register that business name.

If you run under a name other than your own without registering it, you can be fined, or even worse, someone else in your area can start a similar business and use the same, or a similar name, register it, then come after you.

If you operate only as your own name, you don't need to register it, but anything else, you really should. The cost is minimal compared to the cost of running a daycare business.

 

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