Properly naming your company
A friend referred a new business client to me recently. I’ll call the corporation “Guys and Dolls.” Only problem is its legal name should be “Guys and Dolls, Inc.” or “Guys and Dolls Company” or something which indicates it is a corporation. Similarly, if Guys and Dolls was a limited liability company, it would need to include LLC or such in its legal name.
The owner of Guys and Dolls formed the corporation through the Colorado Secretary of State, which warns that corporate designators are required under state law but still allows a user to file without one. Guys and Dolls compounded that incorporation mistake by using the Inc-less name to refer to itself in all of its business dealings.