Saturday, September 8, 2012

How to name your business?

It's very important to choose the right name for your business. It can create a good first impression for customers and also provide a great foundation for building your brand.
 

You can be creative when choosing the name. However, it needs to be appropriate and work on all types of marketing material, from signage to stationery.
Avoid hard to pronounce words or irrelevant business names.

Your business name must meet certain rules relating to prescribed and sensitive words and expressions. And you must ensure it hasn't already been taken by another business.
Even if you don't want a website just yet, you should consider registering an appropriate website address - or domain name. The domain name has to be available and registered through an agent eg a website host for a small annual fee.

After deciding on a name, you should consider protecting it, for example as a trademark.
If you want to start on a sole proprietorship, you must register and check on DTI Department of Trade and Industry.
If you want to start on a partnership, you must register it with SEC Security and Exchange Commission.Like business names, your registered name must comply with rules on prescribed and sensitive words and expressions. It also has to contain required words.
Finally, Defining your product or service can help you to work out your customers' needs and generate more sales.




 

1 comment:

  1. Thanks for telling what points need to be consider while naming your own business. this post will help to new businessmen and teach about how to name your own business

    ReplyDelete