Friday, August 14, 2015
How to Register your Business Name
Once you have decided what business you want to do, the next step is coming up with a name and register it with the Department of Trade and industry or DTI. But why would you want to register your business name? Well for starters, you want to differentiate your business with the rest of your competitors, and there are a LOT of competitors out there offering the same products and services. So how do you do that? By building up your brand, silly. Look, the reason why people flock to Jollibee is not because of their burgers or fried chicken are so exceptionally delicious that you can't find anywhere else. In fact, I am willing to bet that someone, somewhere out there will swear on their mothers grave that their fried chicken taste better than Jollibee. The reason why people love Jollibee is because of the brand, a brand that has built its reputation over the years and has associated itself with the Filipino family, culture, celebration and togetherness and that's what sells. So lets register your business name with DTI.
If you are at least 18 years old, you can register your business with DTI online by going to this website. Here, you can apply for a new business name, renew your business name, request for certification and you can even inquire about your transaction reference number. Payments can be made online tru Bancnet or via GCash. You can also make payments by visiting DTI's office in 361 Senator Gil J. Puyat Avenue, Makati City and paying through their tellers. Once your business name has been approved, you can either download your business name documents online or pick it up at the DTI office in the aforementioned address.