Yes definitely look into it. Unless you are using your first name (Micky's Daycare) then you need to have your business name registered. You submit the name to the Company's office then wait to be approved. Once approved then you have 30 days to register it. Once registered it is good for 3 years. Names cannot be too similar to others in the province or it will get denied and you have to pick a new name. It costs every time you attempt to reserve a name so do a google search to see if it's a similar name to someone else.