Choosing a Powerful Name for Your Company - Part 1

Posted on August 13th, 2008 by Cherie Ang

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It has been said that one of the most agonizing decisions for many entrepreneurs goes up with a name for their new business. Often, those drawn to the business world are not as strong minded when it comes to such seemingly creative tasks as giving a catchy name to their company. You might be interested to learn, however, that the best names have very little to do with creativity and imagination, and everything to do with business acumen and a thorough research of the marketplace. This should put some of you at ease, who feel as though they missed out by jumping that creative writing course in college and are now at the mercy of choosing a boring, unmemorable name you will hate before the paint is dry on your sign. Here are some things you can do to choose a powerful name for your company.

First of all, you will need to think about what you want to get across to people. What types of words or expressions could you associate with your business? You’re at the molecular level at this point, so just remember to take it one step at a time. Think about your business and the functions, products, and services it will provide. Think about your target audience and a few of the things they are likely to enjoy, other than your products. Think about some of your preferred business names and see if you can find a through-line that connects any or many of those names. Do they have a common theme? Think about not only your favorite names, but the names of those companies that are most successful. Consider Coca-Cola, Nike, and McDonald’s, for instance. Do you notice anything similar about these names?

Cherie Ang
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Choosing a Powerful Name for Your Company

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