Reserve Your Company Name!

Let's review: You've had an epiphany! The company name is absolutely obvious and available! Tax thing still kind of boggles the mind and you are still undecided as to your company's structure... The one thing you are sure of, and you know in your heart of hearts that the name you have chosen is the perfect name for your business. It says it all....

Then, by all means, reserve your company name with the Secretary of State so that no one else sneaks up and takes it while you are pondering what to do next. It will not matter at this point what ending (Corp, Inc., LLC) you finally decide to go with., because the State will cross reference that name with existing corporations and LLC's and once the name reservation is filed, it will effectively block anyone from using that name for 90 days. This gives new entrepreneurs some additional time to organize their thoughts.

OK, you say, but what if your name is not available and you absolutely have to have that company name? I would choose a name that is similar to your chosen name, then adopt an assumed name for business use. Of course, any additional filings you make with the State will cost additional money, so if you are working on a shoestring budget, I would suggest finding a name that really trips your trigger, but is available for use with the Illinois Secretary of State.

If anyone is having difficulty in preparing any of your Illinois forms, I am well versed in Illinois formations and can offer assistance. Go to my website and email me. I am sure I can assist you.

Illinois Registered Agent, Inc.