One of the most challenging parts of starting your own business is coming up with a great name. The rules for naming your startup business can be pretty complex. For one, the business name should reflect what you do and isn’t too long or complicated to say out loud. In addition, it should match your website address and be unique.
The good news is that creating a perfect name for your startup business doesn’t have to be challenging. You can make the process easier by utilizing endless tools online, like a free business name generator. But a business name generator can only take you so far. Make things perfect by considering the following tips.
Keep It Short and Unique
A simple and short name will make it easy for both branding and memorability. When people hear your business name, they should pronounce it and spell it without any trouble. More so if you’re planning on using your name as a domain name or social media handle.
Your business needs to be easily recognizable and differentiated from the competition if you want to succeed. A great way to do this is by having a unique name.
Avoid generic names or those too similar to other businesses because your clients will likely overlook you. Authenticity and differentiation are the keys.
Keep It Relevant
Your business name should be relevant to what you do. For example, if you are selling flowers, you can give it a name that shows your niche. If you are a construction business, come up with a name that reflects that.
Choosing a wacky or cute name might seem tempting, but it is vital to stick to your industry or services. Otherwise, it will be difficult for customers to find you online or in directories.
You can use keywords or slogans that are specific to your business.
Make It Personal
A great way to make your business name stand out is by making it personal. Come up with a name that reflects you, your brand, or your products. Your customers will form an emotional connection with your business and be more likely to remember you.
Personalization can be a potent tool since people like buying things they can relate to.
Use Your Location
If you’re starting a business in a specific location, using the name of your town or city can be a great way to help customers find you. It also lends credibility and regional specificity.
For example, suppose you’re starting a restaurant in Boston. In that case, you might want to consider a name like Boston’s tasty dishes or The Bay Boston Bistro.
Research the Competition
Imagine if there were two Dominos pizzas or two KFCs, it would bring such confusion. When choosing a business name, research keenly to ascertain that no other businesses have the same name.
The similarity of names can be a significant issue in trademarking and can confuse customers. It’s also important to check if the domain name is available. Also, there should be no social media pages with the same name.
Keep It Timeless
A great business name should be timeless, meaning that it won’t go out of style in a few years. You want your customers to be able to remember your name for many years to come. Avoid trendy names that will likely be unpopular in a few years.
Additionally, please do not limit your business name to its potential. You never know; over time, it can grow into something big. So, you want to avoid choosing a name that defines it to some years or seasons.
Let the Name Tell a Story
A great way to make your business name memorable is by letting it tell a story. It can be a fun way to engage customers and help them remember your company. It can either tell a story or have one behind it.
It can also be a representation of something. For example, suppose you are to name your business Everest. In that case, it will be a symbol of the tallest mountain and probably a representation of how far you want to go as a company.
Keep It Professional
When it comes to business names, it’s essential to keep things professional. Steer clear of names that are cute or too informal. You want your customers to take you seriously and believe that you’re a credible source for the products or services you offer. Professionalism builds trust.
Be Prepared to Change It Later On
Over time, most companies end up changing their names. Either because they are selling the name or the route course of the business is changing. It’s important to remember that you might have to change it later. Growth and change are inevitable. Be prepared for that eventuality.
Determining the right business name can be tricky, but following these tips will help you choose something perfect for your company. Remember to keep things professional and to make it easy to say and spell.