Legal Question in Business Law in Michigan
I junk for a living. I have a junk license in the city of Detroit. This is the way that I primarily earn my living. I do business under my name; not under a another name or business name. Must I have a DBA license as proof that I own a business or is the junk license issued to me in my name enough to prove that I own and operate my junk business? The reason I ask is because there are legal payment restrictions in the scrap industry that can only be bypassed if the business has a commercial account on file. I don't know if me working for myself collecting junk qualifies me as a commercial business. Can you explain what type of business I would be considered? Do I qualify as a commercial business? What proof or documents am I required to show as proof that I work for myself and do business under my own name?
1 Answer from Attorneys
You can operate under a DBA and get that approved by the County. That might help you become "commercial" for those purposes. It still doesn't help with corporate protections, because that is reserved for a corp. You will still pay taxes on the business under your personal name.
Related Questions & Answers
I'm creating a brand for a private label product that will mainly sell on... Asked 8/24/15, 5:48 am in United States Michigan Business Law
I am 62 years old and was recently fired. I was given a 3 month severance package... Asked 11/13/14, 4:11 am in United States Michigan Business Law
Asked 10/28/14, 9:24 am in United States Michigan Business Law
Hello, I have worked in school accreditation for many years, I had an idea to... Asked 7/22/14, 2:26 pm in United States Michigan Business Law