What makes a business name different from a company?
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A business name is a name with which you do business but a company is a brand new entity that you create (incorporate) to do business. .
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A business name doesn't offer much legal protection to the proprietor like a company does, but a company is treated in law like a new person different from the shareholders.
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When you trade under a business name, the law recognizes you ( the proprietor(s)) as the business .

But for a company, the law recognises the company as a person different from the shareholders.
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If you do business under a business name, you( the sole proprietor or partners) are liable for the business liabilities (i.e debts, cases in court etc).

For a company, the shareholders are only liable to the extent of their unpaid shares( for limited liability companies).
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A company gives a business a more professional image than a business name.

Other companies , organisations and government agencies would rather do business with a company than a business name.
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A company can outlive its shareholders but the lifespan of a business name is tied to its proprietors' lifespan.
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A single person can register a business name as a sole proprietor .

Two to twenty partners can also register a business name .


At least two adults are needed to incorporate a company. .
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There you have it. Do you have any further questions about this topic. I'll be glad to answer them.