Learn what makes a successful business name and get some ideas for generating your business name.
![[Featured image] A new small business owner sits in their home office and brainstorms potential business names, holding a pencil to jot down potential names as they look for inspiration on their laptop.](https://d3njjcbhbojbot.cloudfront.net/api/utilities/v1/imageproxy/https://images.ctfassets.net/wp1lcwdav1p1/6gqLfyraNbLfngzgo6gku0/e8a71b6fd9c89bf70b6e8a2deced69dc/iStock_93804433_XXLARGE.jpg?w=1500&h=680&q=60&fit=fill&f=faces&fm=jpg&fl=progressive&auto=format%2Ccompress&dpr=1&w=1000)
Creating a business name is an essential step in establishing the overall identity of your brand.
Make sure your business name isn’t associated with another company to avoid confusing customers and ensure social media and web domain availability.
To come up with your business name, consider factors such as the values of your brand and what inspired you to start your business.
You can use your business name as a way to develop a memorable brand that customers want to return to.
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Not long after you come up with your initial business idea, you’ll start taking the first steps toward creating your company branding with your business plan, a document where you’ll outline key aspects, such as a company overview, goals, and long-term strategy, and where you’ll note the first touchpoint between your business and potential customers: your business name.
Your business name will be central to your branding, and oftentimes, it can be the first piece of information potential customers hear about your business. So, it’s important to make sure that your business name communicates the number one thing you want your customers to know about your company.
Here are some tips for coming up with a business name that works in your favor:
Legally, business owners must register their business, along with their business name, in order to begin operations. Additionally, using a name that is already associated with another company or product can be confusing to your potential customers.
Before building your branding around a specific name, check that your desired name isn’t already registered to another company, and make sure that you’ll be able to establish an online presence with a website domain and social media accounts.
Your business name will reflect an aspect of your business identity to your potential customers. The name you choose should accurately describe your business and communicate your company's values, goals, or offerings. What emotions do you want your business name to evoke? What associations would you like to encourage?
Encourage people to talk about your business by choosing a name that is memorable and easy to pronounce. Consider your target customers and the language they are likely to use to help determine whether your desired name will stick with them as they look to return to your business a second or third time and refer their friends.
Think about your long-term plans and consider whether the business name you’re choosing is flexible enough to cover all of the products and services you plan to offer in the future. If it doesn’t, you may want to choose a separate name for your business and your current product or service.
Häagen-Dazs, the ice cream that famously sounds like it’s from Europe, isn’t actually from overseas at all. Rather, it was founded in New York. When Reuben Mattis wanted to start his ice cream company in 1960, he decided to name it something that reflected the desire of consumers for high-quality, exotic products. He came up with Häagen-Dazs, which doesn’t mean anything but sounds European, and the rest is history.
Naming your business is a creative process, and that process can look different for every business owner. More often than not, it will take a bit of time to land on the right name for your business.
If you’re having trouble figuring out where to begin, perhaps a brainstorming session can help. Here are some ideas to generate a list of your potential business names:
Think about your story: What inspired you to start this business?
Incorporate your values: What’s your mission? What’s important to you and your business?
Check the thesaurus: What words are related to your business or your core offerings?
Use descriptors: What do you want people to feel when they think about your business?
Draw inspiration: Think about recognizable characters and figures that relate to your business, such as Greek gods and goddesses.
Consider names or nicknames: Many founders name their businesses after themselves or loved ones.
Translate into other languages: Are there any words in other languages that resonate with you?
Pull from Latin roots: Latin roots can be quite recognizable since many familiar English words are derived from the ancient language.
Once you have your list of words, consider ways you might combine, condense, or otherwise alter them to best express your brand persona. As you narrow down your choices, you may also find it helpful to survey people within your target customer base to pick the perfect business name.
Read more: Brand Marketing: What It Is + How to Create Your Strategy
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