Tuesday, February 17, 2015

Can i have the word quot;foundationquot; in my for-profit business? -

i do apologize for asking this question because it was asked on this forum before. it wasnt really answered. i live in las vegas, nevadajireh, 22

You could call it that but it would obviously be wrong. Foundations are organizations established and funded by endowments typically associated with some type of charity or public service. Although there s no law against using the word foundation in your company s name, the common usage is pretty strictly followed so almost anyone seeing your company name would think it was a true foundation.In the long run, I think this would cause confusion and even possible ill-will with potential customers. Also, I think the name might actually hurt your business since some would dismiss it as a charity. I would avoid using it but if you really want to, there s nothing stopping you. Good luck..

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