Advice on business

[ma77tt]

Hi there,

I wonder if I could get some advice on a couple of things below please:

I started a company as a sole trader around 3 years ago, I have made minimal profit as have only been able to run the business as a sideline. Circumstances have changed and I am now able to dedicate a lot more time to it and would like to branch out into different areas.

My business is based on the internet and I have a really good domain / registered business name. I will be looking to move into lots of different markets for example ecommerce websites/ website design/consulting/affiliate marketing.

Can I run all these businesses under the one umbrella? I will be looking to register it as a limited company shortly would it be recommended to trademark the name of the business?

Thanks in advance!

 

[Scalloway]

Can I run all these businesses under the one umbrella?

Yes. You can use trading names as long as you disclose the limited company name.

would it be recommended to trademark the name of the business?

It wouldn't hurt. Owning the company name may be no protection from somebody else using the name.

 

[ma77tt]

Hi, Many thanks for the response.

Just to clarify I would register the main business name as a LTD company and then for example my own online store with a different domain would be "ONLINE STORE T/A Business Marketer" ? Or should I register two separate companies?

 

[Scalloway]

You just need one company. You just need to have something on your website like "Business Marketer is a trading name of Online Store Ltd"

Registering a trademark is a good idea for protecting your business name.

 

[Haindiary]

This is a good option. But if you expand, you may have more brands. then you will think.

 

[Saravanan28]

1. Keep the big vision in sight.
2. Fuel your vision with perseverance.
3. Make a plan, but be flexible.
4. Embrace your expertise.
5. Don’t reinvent the wheel.
6. Don’t burn out.
7. Leverage everything.