Demand Inelasticity Inelastic demand is when a product or service can increase in price without having a negative effect on demand. For instance, cigarettes can increase in price significantly, but smokers will still buy them.
New Jersey DBA. A New Jersey DBA, or doing business as, is called a Registration of Alternate Name when the DBA is owned by an incorporated entity and a Trade Name when owned by an unincorporated entity, such as a sole proprietor or partnership.Select Your State. Select Entity Type. New Jersey DBA known as a Registration of Alternate Name is used at the state level; only entities that are already incorporated at the state level (for instance, corporations and LLCs) may register this type of DBA.
Using Your Personal Name: Pros and Cons. Using your personal name as your business name is, of course, the easiest and fastest way to come up with a brand. In some areas, if you use your own name and conduct business as a single proprietorship, you donât need to register it.(Please double-check the laws in your location to make sure this applies.).his is when youâll want to think hard about your freelancing businessâ name and identity. You have two choices: either use your personal name or come up with a âformalâ business name. Either one has advantages and disadvantages, which youâll see below.