We are now almost at the end of the planning stage where you have to carefully spend some time on selecting your business name. A business name can be a huge factor that contributes either to success or failure of your business entity. Unfortunately, many people fail to realise the importance of business name prior to moving forward. There are many factors to consider a business name. Your business could be named from something memorable, a name related to your area of work, or availability of potential domain name.
You have to select business name that can distinguish you from other people or business. Your business name should be attractive, brief and memorable to represent your products or services. You have to make sure that no one else is sharing the same or similar business name that you are using. Using someone else's registered name or similar to that can resulted to costly legal implications. You may also want to make sure your name is original to stand out in the market.