Planning to put up a business? If so, you are making the right decision. Having your own business gives you an advantage of becoming richer compared to when you stick in an employment that offers a regular pay.
Whatever business you want to pursue, one of the things you have to decide on very seriously is the name of your business. Some do not know that this alone can make or break their business success.
Once you have come up with the exact type of industry you want to pursue, thinking of a good business name is what you need to do next. To help you get started, this article will give you tips to follow when creating a business name.
Things To Consider When Creating A Business Name
There are a lot of things to consider when creating a business name, some of which are written below:
Do not give your customers confusion, avoid business names that are hard to spell and pronounce. You would not want your customers to have a different pronunciation of your name or spell it differently as that won’t help you in your marketing.
Some websites such as slotslike.co.uk have what is called a fuzzy match search for slot games, slot themes, slot features, developers and more so you won’t have a hard time searching for a slot game if you do not know exactly how the game is spelled, same as if you are searching an establishment online.
If they let their family and friends know about a great restaurant they just dined in or announce to social media their happiness about their experience, if it is not pronounced or spelled right, it will not be a point for the business. People will just be confused on which restaurant to dine since the spelling is different, same as with the pronunciation. They will just have a hard time reaching your business as they do not know what to look for or which name of the place to ask.
- Do not copy business name of your competitor
Even how established your competitor is, copying their name in any way is a big NO! Come up with a name that will build up your identity and not someone else. Sure, you want to be as popular as your counterpart but that does not mean that you have to copy their name. You can definitely make up with your own success, you do not need to be behind the shadow of any business to find yours.
Copying a business name is something that you must not practice at all.
- Go for a scalable business name
Choose a business name that is scalable and not limiting. Maybe for now you are only venturing your local city, but sooner you can branch out, out of the city or even out of your state or even out of the country. Do not focus on what you are currently offering. You never know, your plant business now will grow and makes you able to offer landscaping services as well.
Make the name scalable and ready for business growth.