Trading names

Fotis19

Free Member
Feb 5, 2019
10
0
Hello,

I'm new to starting my business, but I have a very specific problem. I

I've just registered my ltd co. yesterday, but I want to use trading names for 3 very separate aspects for: independent teaching and course preparation; indepednent research and consultancy; and online content. They each target different clientelle so I don't want the people I do research and consultancy seeing the teaching, for instance.

However, trading names are not secure as someone else can register them as their own ltd. co. Also, I cannot trademark the trading names, and I do not want to juggle several limited companies, so how else can I go about this?

With the teaching, in particular, I would be creating my own resources from scratch and charging the student for these resources and my teaching so I was planning on using a trading name, putting a copyright symbol on all my resources and mentioning that the trading name is owned by the ltd co. Is this the best solution?

I'm aware that I can create a subsidiary by registering each trading name as owned by the ltd. co. but this means I still have to setup a registration address, service address and send in accounts when administratively everything will be managed by the ltd. co.

I've looked into setting up a dormant co. for a trading name, but that's still as costly as above and I'm not sure if I can use the trading name even if all the accounts goes through the ltd. co. Does anyone know?

And what other solutions are there?
 

Fotis19

Free Member
Feb 5, 2019
10
0
Very interesting... I'll be eager to see additional information on this! Thanks for starting the thread.

I spoke to a lawyer through a free consultation and he recommended using trading names until the business took off and then thinking of trademarking names and copyrighting once I moved onto online. He did initially recommend setting up ltd. companies for each trading name, which I pointed out sounds too much like hard work for me when you think of the accounting and record keeping, etc.
 
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