When you start a business, it’s important to choose a name that will allow you to select a domain name that pertains to your business or brand and is easy for your customers to remember. Obviously, if you have the option to get your brand name as your domain name, that is the best possible choice for your domain name. However, every single word .com domain name in the English language is taken. That means if your business name is a single word in English, you probably cannot get that .com domain unless you’re willing to pay more that the standard $10-$12 to get it. Many two word combinations are also taken, which limits your options even further.
Choosing a name for your business can seem like a daunting task. However, if you plan ahead and choose a name for the future of your business, you can save yourself time and effort. One of the most difficult decisions that creative entrepreneurs struggle with when choosing a name is whether to name their company or brand after themselves. Before you name your company, think about your long-term goals for the business. Your long-term goals should help you determine how you name your brand. Do you want to be a small one-man shop? Do you want to be a multi-national corporation? Most business owners want to be somewhere in the middle.
Are you struggling to name your business or your brand? Do you want to pick the perfect name?
I have named hundreds of items between products, brands and companies (my own and others). Today, I use a basic formula that is easy to follow and helps me determine a name every time. It takes about a few days, but the time invested is worthwhile.