A Strategic Approach to Naming Your Business

choosing-a-business-name

So…. you’re thinking of starting a new venture, as an entrepreneur! Good for you! Getting started is half the battle. Have you had a chance to think about what you will name your new business? After all, choosing a business name could end up being one of the most important steps in the process.

Choosing a name for your business will define how you build all levels of branding – including your web domain, trademark and how you’re known to the customer. Rather than scanning the dictionary for a cool word, a strategic approach may help. Here’s a few things to keep in mind while choosing a name for your business.

What to Put on Your Business Cards

choosing-a-business-name

A Strategic Approach to Naming Your Business

  1. Choose a name that helps tell the story of your brand.
  2. Be careful of well-known brands that sound like the name you’ve chosen. You want to be distinct and memorable.
  3. Choose something you absolutely love. You’re going to have to live with this name for the life of your business (and, we hope it’s a long one!).
  4. Don’t be afraid to make the name personal – this is your business, after all!
  5. Get creative – leave practicality behind and brainstorm.
  6. Expect an “A-ha!” moment. Not to worry, it will come.

What do you think about choosing a name for your business? Any thought on how to get creative?

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