The Department also determines the prevailing minimum wage rates and employee benefits for specific localities and classifications. The Prevailing Wage Regulations allow the Secretary of Labor and Industry to consider collective bargaining agreements and other types of data for purposes of determining the wage rates.
The Definition of Fictitious Business Name is: A business name that DOES NOT include the surname of the individual owner, AND EACH of the partners or the nature of the business is not clearly evident by the name.
Definition of a DBA. Sometimes it makes sense for a company to do business under a different name. To do this, the company has to file what's know as a DBAâan abbreviation for doing business as.. A DBA is also known as a fictitious business name, trade name, or assumed name.. Once your DBA registration is complete, the company can use the secondary name to open bank accounts, write checks, and enter contracts.