J
As a sole trader you are the business.I do not want to create a new business if that means filing two seperate set of accounts.
Can I add a new name to my existing business.
E.G. Sample current name... SKY TEK. Registered business name.
New name SKY REPAIRS. "Where the customer has no idea you are linked to SKY TEK..."
Currently the bank can only process payments made out to "SKY TEK" and not "SKY REPAIRS"
I do not want to create another business and have to run two businesses along side one another.
Hope this explaines it better.
As a sole trader you are the business.
You can trade under as many different names as you like
John T/A Cheap Product
John T/A Expensive Product
John T/A Product Maintenance
You will only have to file one set of accounts for John.
So its not possible to contact the CRO and have another name added to my sole trader.
Ask your bank, people usually open up a second bank account for the other business, once you show them the cro cert they should allow teh two names on the account.Might try and push you to open an another account to charge you more.Using the name isn't the problem, it getting the bank to allow payments made out the the second business name is where the issue arises.
patftrears... If your are correct how will a cheque made payable to "T/A Expensive Product" be accepted by your bank?
Sorry to go back over this again but..
Thanks
- Do I first go the the CRO and have an additional (T/A) name added to company registration name.
- Then once I have the cert from the CRO can I go to the bank to add the new name or open a second account under the new name.
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