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If I want to register the name of my new business, what should I do first?Question 3Answera.Choose the name "Royal Bakers to Her Majesty The Queen" because I can pretend that I have a connection to the British Royal Family.b.Check with ASIC if my proposed name has already been registered to someone else.c.Apply to use a name that has already been registered to someone else because I want to operate a different type of business from that other business.d.Choose to use the name "The Bank of Caulfield".Clear my choice

Question

If I want to register the name of my new business, what should I do first?Question 3Answera.Choose the name "Royal Bakers to Her Majesty The Queen" because I can pretend that I have a connection to the British Royal Family.b.Check with ASIC if my proposed name has already been registered to someone else.c.Apply to use a name that has already been registered to someone else because I want to operate a different type of business from that other business.d.Choose to use the name "The Bank of Caulfield".Clear my choice

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Solution

The first step you should take when registering the name of your new business is option b. Check with ASIC if your proposed name has already been registered to someone else. This is important to ensure that you are not infringing on any existing trademarks or business names. It's also a good idea to conduct a thorough internet search and check domain name availability if you plan to set up a website for your business.

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