How to Choose a Business Name
Choosing the right business name is one of the most important decisions you'll make as an entrepreneur. Your business name is often the first impression customers have of your brand.
Key Considerations:
- Memorable: Easy to remember and recall
- Pronounceable: Can be easily said and spelled
- Relevant: Reflects your business or values
- Unique: Stands out from competitors
- Available: Domain and social handles are free
- Scalable: Won't limit future growth
Common Naming Strategies:
- Descriptive: Clearly states what you do (e.g., PayPal, Facebook)
- Invented: Made-up words that are brandable (e.g., Google, Kodak)
- Compound: Combines two words (e.g., Snapchat, Instagram)
- Acronym: Initials of longer names (e.g., IBM, NASA)
- Modified: Altered spelling of real words (e.g., Fiverr, Tumblr)