Welcome to the WholesaleForum.com! Sign in or Register Free to benefit from our full range of free services

Welcome to Wholesale Forum.comWelcome ToWholesale Forum.comFind wholesale buyerstrade buyers and wholesale offers free

For Buyers

Wholesale Forum is the fastest growing online business community dedicated to retailers, auction sellers, surplus and overstock buyers needing a quick and safe solution for sourcing trade stock. Join our free and friendly forums today and gain knowledge, offer your advice, and discover new partnership opportunities:

For Suppliers

For wholesalers, dropshippers, manufacturers, distributors and trade services providers. Advertise your business today on WholesaleForum.com for free to reach potential trade buyers on a more personal level. Promote your latest offers, interact with buyers in real time, distinguish yourself as an expert in your field, and attract sales instantly.

Sign up now More benefits for Buyers
Sign up now More benefits for Suppliers
Post Reply
Page 1 of 3 1 2 3 LastLast
    1. JackBauer24 is offline

      Join Date
      Jun 2010
      Location
      United States
      United States
      Posts
      42
      Thanks
      0
      Thanked
      1 Time in 1 Post
      #1

      Can Somebody Give Tips on Choosing a Business Name?

      Hi all! I’m starting a new online store. I’m not able to decide the right name for my business. Can somebody give tips on choosing a good business name? Thanks.
      Want To Be An eBay Powerseller?
      This is the Service You Need.

    2. Bluewonder is offline

      Join Date
      Jul 2010
      Location
      United States
      United States
      Posts
      335
      Thanks
      0
      Thanked
      15 Times in 14 Posts
      #2
      A good business name is important for the success of the business. However, it’s challenging to find the right name that identifies with your business, ideologies, and tastes.

      Here are some steps in choosing the right business name.

      1. Brainstorm: Write down as many keywords related to your business as come to your mind. Ask your family and friends to contribute too.
      Suppose you’re starting a clothing store, then the keywords could be clothing, clothes, trendy clothes, kids’ wear, and fashionable clothes.

      Once you have the list of keywords, you should find their synonyms. You could also find out Latin, French, Spanish, or Greek translations for those words. You should then try different combinations to create some good phrases.

      2. Add your name or initials: Some people like to add their names to their business names, for example, Ford Motors and Dell Electronics. If you’re interested in doing so, you should add your name to some of the best phrases that you’ve created through step 1. Adding your name is beneficial when you have a good reputation and credibility in the market. Suppose you already have a Jack book store that is quite famous, then for your clothes store, you could think of names like Jack Clothing Zone and Jack Trends.

      3. Short-list a few names: You should select the names that are easy, memorable, and phonetic.

      4. Check them for trademarks: It’s best to have a unique name for your business. Not only does it avoid confusion but also ensures that you don’t infringe on trademark rights. Therefore, you should go to the website of trademarks to find out if some other businesses are using the names that you’ve short-listed.

      5. Test the names: You should test the short-listed names to find out which one is the most effective. You could have a poll for this purpose. For polls, you could have different samples like one sample should consist of people in the age group of 15 to 25 years. Another sample should consist of people in the age group of 25 to 40 years and so on. You could also have samples based on gender, income group, and location.
      Over 150,000 Verified Sources + Deals 95% Off MSRP + Free Website!

    3. Wonderbiz is offline

      Join Date
      Aug 2010
      Location
      United States
      United States
      Posts
      101
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #3
      While testing your business names, the best bet is to find out the opinion of your target market. For example, if you’re targeting young people with high disposable incomes located in Florida, you should ask people in the age group of 20 to 35 years, living in Florida, with incomes above $200,000 to give their opinions on your business name. But, you must keep in mind that people will not participate in poll if they’re not rewarded. So, plan everything carefully.

    4. WheresAnnie is offline

      Join Date
      Jul 2010
      Location
      United States
      United States
      Posts
      134
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #4
      Blue, you’ve given a good explanation.

      I’d like to add one thing. The business name should tell what your business is about. If you’re starting an electronics business, then the business name could include words like electronics and gadgets. If you’re starting a cell phone store, the business name could include words like communications or connect. And, if you’re starting a clothing store for young people, the name could include words like hip, young, trendy, or fresh.

      This would help people who don’t know about your business to figure out what products you deal in.

    5. Lisa202's Avatar
      Lisa202 is offline

      Join Date
      Aug 2010
      Location
      United States
      United States
      Posts
      59
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #5
      Having a unique and attention-grabbing name is very important. Let’s suppose you’re just browsing the Internet to find stores that sell cell phones. If you go through a directory of cell phone dealers, you’re more likely to visit the website with name Alicia Communications than ABC Private Ltd. This is because the former name is unique and attention grabbing, whereas the latter is boring.

    6. JackBauer24 is offline

      Join Date
      Jun 2010
      Location
      United States
      United States
      Posts
      42
      Thanks
      0
      Thanked
      1 Time in 1 Post
      #6
      Some people also add the location of their business to their business name. Is it the right thing to do?

    7. Bluewonder is offline

      Join Date
      Jul 2010
      Location
      United States
      United States
      Posts
      335
      Thanks
      0
      Thanked
      15 Times in 14 Posts
      #7
      It really depends. If your business is local, then including the location in your business name is okay, but if you’re starting a business on a global scale or intend to extend your operations globally in future, then it might not be a good idea.

    8. Latinrose's Avatar
      Latinrose is offline

      Join Date
      Jul 2010
      Location
      United States
      United States
      Posts
      147
      Thanks
      1
      Thanked
      0 Times in 0 Posts
      #8
      Good point. Never choose a name that limits you. Suppose you intend to open a cake shop, then don’t choose names like Just Cakes, Cakes Point, or John Cakes. Instead, go for names like Bake Point or John Bakery. In the future, if you plan to diversify and include more bakery products, your business name will remain relevant.

    9. Bluewonder is offline

      Join Date
      Jul 2010
      Location
      United States
      United States
      Posts
      335
      Thanks
      0
      Thanked
      15 Times in 14 Posts
      #9
      Yes, very well explained.

    10. Lisa202's Avatar
      Lisa202 is offline

      Join Date
      Aug 2010
      Location
      United States
      United States
      Posts
      59
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #10
      Choose a name that’s easy to spell. If your business name is difficult to spell, your potential clients and customers might find it difficult to write it or even pronounce it.

      Also check if the domain name for your business name is available.

      It is most likely that you’ll like to have a website for your business. To ensure that your customers are able to reach your website easily, the domain name of your website should contain all or part of your business name. And therefore, you should know before finalizing the business name whether you would be able to get a domain name that closely resembles your business name.

Sign Up Now

Got something to say? Sign up now and join the discussions.

Post Reply
Page 1 of 3 1 2 3 LastLast

Tags for this Thread

Similar Threads

  1. Can You Give Some Tips for Setting Up a LinkedIn Account for My business?
    By WheresAnnie in forum Marketing, Advertising, SEO & SEM Discussion
    Replies: 24
    Last Post: 29 Apr 2013, 11:53 PM
  2. Can Somebody Give Tips on Buying an EBay Business That Already Exists?
    By WheresAnnie in forum eBay, Amazon & Online Marketplaces Discussion
    Replies: 16
    Last Post: 20 Nov 2010, 04:23 PM
  3. Need tips on choosing where to implement IPR protection
    By Neil in forum Legal, Contracts, Insurance & Trade Terms Discussion
    Replies: 3
    Last Post: 11 Dec 2010, 01:54 AM
  4. A Simple Guide To Choosing The Right Business Model
    By wholesaleinsight in forum Starting & Growing Your Business Discussion
    Replies: 0
    Last Post: 09 Sep 2010, 06:40 PM
  5. Business Equipment & Supplies - Tips for a Small Business Budget
    By wholesaleinsight in forum Starting & Growing Your Business Discussion
    Replies: 0
    Last Post: 30 Jul 2010, 09:35 PM
  6. Give Your Business a Financial Check-Up
    By wholesaleinsight in forum Payments & Finance Discussion
    Replies: 0
    Last Post: 16 Apr 2011, 06:39 AM
  7. What business details are safe to give?
    By James1 in forum Safe Trading Advice & Due Diligence Discussion
    Replies: 4
    Last Post: 29 Mar 2011, 07:14 AM
  8. Choosing a Small Business Bank - How to Select a Bank
    By wholesaleinsight in forum Business Articles & Resources
    Replies: 4
    Last Post: 21 Jun 2010, 11:20 AM
  9. Business Negotiation Tips For Small Business
    By wholesaleinsight in forum Starting & Growing Your Business Discussion
    Replies: 0
    Last Post: 21 May 2010, 10:11 PM

My Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
All times are GMT -4. The time now is 06:08 PM. - Fixed Width