As a young charming entrepreneur, you face the challenge of finding the right business name for your company.
This reflects which business idea and which project you are planning, what expectations you have and what goals you want to achieve.
That is why finding the right business name that will express what your business stands for is important, says businesspally.
In addition, you lay the foundation for the image of your company and are already helping to decide on future success.
Should you use your Own Name?
Perhaps, the last name or nick name of the business owner is the perfect inspiration for the new company name.
This connects him irrevocably with the creator of the business idea. But it can also be a spontaneous idea that tells you what name the company should have.
But finding a name is often a strenuous, lengthy process, says businesspally expert.
After all, he should embody individuality and uniqueness and, after all, you do all business with him.
Online tools can be helpful
First, get impressions on the Internet about what others have called their company and what these names have developed from.
Try to get information and check what your job is specifically about, what is unique about it and which target group it is aimed at.
Examples of company names
To find a company name, you can use Techpally generator. Choosing the company name, there are different options for you
Subject name: A subject name focuses on a specific industry that characterizes your activity. Of course, you can also remain anonymous with your work.
Personal name: If you choose a personal name, the family name of the owner is usually chosen. It is also possible and permissible to add a first name.
Fantasy name: If you do not want to choose a real name or a personal name, you can also give your company a fantasy name.
These are designations that do not contain any reference to the field of activity and also no personal name.
However, the names in the environment or a region allow an immediate association with the company. In many cases, these designations are also brand names.
Mixed names: A mixed name can, for example, contain a combination of the aforementioned name variants.
All of the above rules apply to companies registered in the commercial register. Akin chaktty advised.
Businesspeople who have not entered their company in the commercial register must use the family name with at least one first name in written legal transactions.
In a civil law partnership (GbR) , the first and last names of all shareholders must be given. In these cases, further naming of sub names is permitted.
Do you think Fantasy names are a deal?
Fantasy names must be taken into account if your brand deals with underage products or services.
As the name suggests, you are relatively free with a fantasy name, and there are even big brands that prefer a simple name.
There are many advantages, but also a few disadvantages to be aware of, Techpally boss hints this when interviewed.
Of course, the fact that a fantasy name is used to stand out from the competition is particularly advantageous.
The brand can be registered, no matter which fancy name you choose (if it doesn’t already exist).
However, fantasy names have the problem that potential customers cannot initially imagine what they are.
One example is Zalando, gopally, Healthpally, Farmpally. We are all familiar with the fantasy name by now, but until that happens, there is a lot of work going into the process.
The name of the fantasy company has to be explained, search engines have to learn which name is to be assigned to which industry and confusion could also arise.
How is the name spelled again? If your business is in English country, your business name or brand should correspond with how English words are designed.
For example, a word like drocolli will be easily misspelled as people will not know if it should be single or double C, if the I ending it should be y.
How do you pronounce the name? The brand or business name you choose to make as fantasy should be easy to pronounce.