You’ve scoured the internet and brainstormed to come up with a great business idea. You’ve also decided on the products and services to sell. Now, the most critical part is to choose a business name. Settling on a business name needs deep thought and meticulous research. If you’re friends with accustomed business owners, they’ve probably told you that they changed their business names a couple of times before getting it right. To avoid changing your name time after time, keep the following tips in the back of your mind:
Know your business objectives and company description before you choose a business name
The name you choose should align with your business objectives and the description of your company. Businesses that don’t follow this rule find themselves changing their business names often. Ideally, your brand will appeal to consumers if the name corresponds to your objectives and business description. In other words, it will bring a sense of credibility to your business.
Choose a business name that is memorable
A memorable business name will ensure your customers don’t run into errors when searching for your business again. For a business name to be memorable, it should be short, simple to pronounce and spell. Avoid long business names. They make you lose a lot of customers.
How to Choose the Best Business Name
Don’t be overly flowery when it’s time to choose a business name
First-time business owners have a tendency of trying to be cute when selecting a name for their businesses by overly using flowery words. Some of those flowery words may not resonate with your target audience. To come up with a business name that will bring value to your business, take advantage of creative business name generators out there. These are tools specially adapted to generate business names. All you need to do is type your keyword or keyword phrase in the search feature, and it will avail you a long list of short business name ideas to choose from.
Your shortlisted business or online store name ideas should be devoid of clichés
Clichés are words that have been used over and over and have lost their appeal. Examples of clichés include next level, global, affordable, and so on. Clichés will not add any value to your business, so it’s best not to include them in your business name.
Choose a business name that is not based on geography
In this age of globalization, you cannot choose a business name based on geographical location. Even if you are just starting out and are targeting a specific geographical location, your business will expand, and you’ll want to go global. The name you chose will hurt you when you’re targeting a global audience. So desist from such names.
As a business owner, one thing you’ll undoubtedly come across is a negative review. Whether you’re offering the best products and services, you will get negative reviews. Some people will just hate you without any good reason, while others will give legit negative reviews. The question is: How do you…
In the digital age, business ideas are found in every corner of the internet. However, finding the ideas with the greatest possibilities of making money and executing them is another matter. Luckily for you, we’ve done a little snooping on your behalf to bring you the most profitable business ideas…
When the term e-commerce is mentioned, most people think of an online transaction between a website and a customer. That’s not the case. E-commerce businesses are divided into six kinds. This article is going to talk about them in detail: Business-to-Business (B2B) e-commerce business ideas This kind of e-commerce involves…