One of the hardest part of starting any
business is selecting and registering the name. Not only is this a very
personal issue tied up with lots of emotion but you need to jump through a
series of hoops and holes to get it all done. Here are some basic guidelines
and processes.
Your business name should not:
- Be named after you or any family member if
you ever want to sell it
- Be limited to an area if you ever want to
expand to other areas
- Be focused on one product or service if you
will expand to other offerings
- Be in a language that your customers and
suppliers do not understand or can pronounce
Your business name should:
- Be descriptive and identify what the
business does
- Be easy to remember and spell
- Represent the confidence of what you will
offer
- Be short enough to fit on a business card
or baseball cap
Remember to:
- Chose correctly her type of business structure
you will need for the long term future
- To check that the name is available on the
business directory, web and trademark both locally and international if
required.
- Register all the domains .co.za .com .net
.tv that you may need for the future
- Do not get ahead of yourself and spend
money of logo design until you have secured and registered the business name
It is also always best to consult someone to assist you with this process who can guide you through the hoops without any emotional ties.