Question: Does A Business Name Matter?

Can I put Co in my business name?

The name of your business must end with “Limited Liability Company” or the abbreviation “LLC.” “Limited” and “Company” can be abbreviated to “Ltd.” and “Co.,“ such as “Malibu Beach Luxury Rentals Ltd.” You can search for other company names (and words you aren’t allowed to use in your company name) on the California ….

What does co stand for in a business name?

Co. is an abbreviation for company, a catchall phrase for an association of people working together in a commercial or industrial enterprise, such as in a sole proprietorship, limited liability company or corporation.

Can 2 businesses have the same name?

Because business names are registered on a state-by-state basis, the fact that a company in another state has the same name as yours is usually not a cause for concern. However, you are right in that there could be intellectual property issues (namely, trademark) when two companies have the same name.

How important is a business name?

A business name is also the foundation of trademark design, which can be of significant value if you ever want to franchise or sell your business. Some people may think the business model is more important than the name, but a good business name certainly can’t hurt your prospects.

Can I use the same name as another business?

A company cannot have the same name as another registered company. Any company formation or change of name application containing a company name that is the ‘same as’ or ‘too similar’ to an existing name will be rejected by Companies House. These rules exist to protect the general public from being misled or confused.

How long is too long for a business name?

Standard advice when choosing a domain name for your business is to not go for anything over 15 characters. The reasoning being that the name needs to be catchy and memorable. The standard view in psychology is that the limits of human short term memory are about 3-5 chunks of information.

Does a business name have to be unique?

If you are satisfied that the name you want to use is unique within your industry, then you should feel pretty safe about using it. However, if you have found evidence that there may be another business that is already using your business name, or a very similar name, then you should be careful.

How do I choose a business name?

Here are 12 helpful suggestions on how to come up with a winning name for your business:Avoid hard-to-spell names. … Don’t pick a name that could be limiting as your business grows. … Conduct a thorough Internet search. … Get the .com domain name. … Use a name that conveys some meaning. … Conduct a trademark search.More items…•

Which number is good for business?

6, 5, 9 and 1 series numbers are the best numbers for business names and most of the fortune 500 companies have their business names in these series. Number 33 is the most fortunate number for keeping business names and it will bring prosperity to your business, but it may not suit everybody.

Should I name my business after myself?

Don’t Name a company after yourself, unless… According to Alexandra Watkins, founder of Eat My Words, a company that creates brand names for clients, you should not name your business after yourself. … They just aren’t memorable, imaginative names.

How do I come up with a catchy business name?

How to come up with a business nameUse acronyms.Create mash-ups.Get inspiration from mythology and literature.Use foreign words.Use your own name.Take a look at a map.Mix things up.Partner with another company.More items…

What is the best company name?

How 16 Great Companies Picked Their Unique NamesGoogle. The name started as a joke about the amount of information the search engine could search, or a googol of information. … Hotmail. … Volkswagen. … 4. Yahoo. … Asus. … Cisco. … Canon. … Coca-Cola.More items…•

How do I name my small business?

10 Tips for Naming Your Startup or Small BusinessThink about what you want your business name to convey. … Brainstorm to identify name possibilities. … Keep the name short, simple, and easy to write and remember. … Avoid names that are too narrow or too literal. … Avoid decisions by a committee but do “test” your company name with others. … Avoid plain words.More items…

What is the difference between a trading name and a business name?

A ‘trading name’ refers to an unregistered name that businesses could use before the introduction of the National Business Names Register on 28 May 2012. A trading name is not a registered business name. If you wish to continue using a trading name, you need to register it as a business name.

Should you name your LLC after yourself?

An LLC that uses a personal name is no different than any other LLC. … But because an LLC that uses your name might be confused with you personally, it’s especially important to always use the initials LLC after your company name.