Purchasing resources for Corporate Brand Consultants

If you've ever wondered what's in a name, the answer is simple: everything. A good name can make your business, and a bad one can certainly break it. It pays, then, to play the name game well. After all, a successful name can:

1. Reinforce your business concept.
2. Lead the charge in branding your company.
3. Attract new customers.
4. Sell your products and services.

Delegate name duties

If you can spare a few thousand dollars from your startup budget, you might consider hiring a naming firm to help you choose a memorable name, design a workable logo and navigate complex naming laws.
Business.com.

Conduct a 'name-storm'

When brainstorming ideas for a company name, you should look for inspiration in the dictionary or in the newspaper, or within your business plan. Name-creation software can broaden your choices. Develop a list of at least 10 potential names.

Choose a name

As you whittle your list of potential names down to a favorite, look for choices that are meaningful and have strong branding opportunities due to their memorable qualities. The strongest names are short, simple and descriptive.

Hunt for trademarks

A good name is no good, really, if you can't legally use it. Make sure no one else has claimed your chosen name by performing a trademark search.
U.S. Patent and Trademark Office.

Decide your business structure

If you plan to incorporate, you must make sure your name - trademarked or not - is not in use by another corporation. If you are a sole proprietor, you should know that many states require you to use your own name as a business name.

Secure your domain name

Every business needs its own Web site. And just like the name of your company, its Web address should be relevant, memorable and, of course, available.
Business.com.

Register your name and trademark

Once you've selected a winner, you should register your new business name - known as a trade name, a fictitious name or a DBA (for "doing business as") - in order to formally and legally claim it.
U.S. Patent and Trademark Office.

• If you rely on advertising in directories or phone books, consider choosing a name that starts with an "A" to put you ahead of the competition - literally.
• Choose a name that is easy to spell and pronounce.
• Once you've chosen a name, begin using TM (trademark) or SM (service mark) immediately in order to protect it. You can freely use the designations before you've actually registered for them.
• Avoid names that limit your potential for expansion. That includes geographical names - should you move or expand outside your local area - and names that describe your product or service too literally - should you decide to add new lines of business.