Why choosing the right business name is important
The company name you select for your small business has numerous
branding, marketing, and web implications so needs
careful consideration. Your company name goes before you,
needs to be memorable and also needs to be work on the
internet for SEO marketing. This guide will help you decide on a
strong name for your small business:
- First impressions
- Impressing investors
- Making your name web-friendly
First impressions
When you're deciding on a name, consider whether you want it to
explain what the business does, or whether you want a more abstract
name. Also decide what you want it to convey - while 'The Fine
Cheese Co' reflects traditional, quality values, 'Smarta' has a
more modern sound. Make sure your final name doesn't mean anything
else in any other languages - if you decide to trade overseas, you
may regret it.
- Is an abstract name appropriate, or would an explanatory one be
more suitable?
- What values do you want it to reflect?
- Check it doesn't mean anything else in another language
Impressing investors
Always remember while a fun, trendy name might sound good to you
and impress your customers (FCUK is a case in point), investors may
not be thrilled at handing a cheque over to a business with an
odd-sounding name. If you are concerned about this, register your
company under a more generic name, and operate under the other one
- this will also give you the flexibility to expand your business
later on.
- Investors may not be impressed with a trendy or abstract
name
- Register under a more generic name
- This will give you the flexibility to expand later on
Making your name web-friendly
Before you register your name, make sure the domain name is
free, and register it - like cheap flights, the minute you start
searching domain names, the price will go up. Don't forget if the
.com is not available, you can still register the .co.uk or .net,
and you can separate words with hyphens and numbers as well.
- Make sure your domain name is free before you register the
name
- Don't forget you can register a .co.uk or .net if .com is
taken
- You can separate words using a hyphen or numbers
Smarta offers a company registration service powered by the
National Business Register. You can search for available
names then register a business name, set up a company and register
a trademark with us. You will receive a professional binder with
all your official documents via post within 3 days.
Go to our company registration tool here: Company
registration tool
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