I started my LLC a few years ago with a name that sounded cool at the time, but now I’m thinking it might not be the best fit for my business. I was wondering if it’s possible to change the name of my LLC? Has anyone done this before? I’m a bit nervous about the process and all the paperwork involved.
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Yes, you can change the name of your LLC. It is a common process that many business owners go through as their business evolves.
Here are the general steps you will need to follow:
- Check name availability: Ensure your new desired name is available in your state. You can usually do this through your state’s Secretary of State website.
- Approve the name change: Your LLC’s members need to formally approve the name change. This typically involves a resolution or meeting, depending on your operating agreement.
- File Articles of Amendment: Submit an amendment to your Articles of organization with your state’s business filing agency. This form officially changes your LLC’s name.
- Update your operating agreement: Amend your LLC’s operating agreement to reflect the new name.
- Notify the IRS and other agencies: Inform the IRS and any other relevant tax or licensing agencies about the name change.
- Update business accounts and materials: Change the name on your business bank accounts, checks, credit cards, contracts, marketing materials, website, and social media profiles.
I wanted to know if I should keep my LLC business name or modify it for just that reason. I think it would be preferable to simply rename it. I will undoubtedly require protection because I am switching from an internet store to a service-based enterprise.
You can’t change the LLC’s name, but you can operate under any name you choose.