Abusiness that you are about to begin is more of like your very own baby. You have to nurture it, have great sense of care and make sure that all of its needs are looked after. Just like a baby needs an identification, a business too needs a name, an identity that it will be carrying throughout the journey of its life, in most cases, if not all, it is a onetime process and thus must be considered with a deep thought as you won’t want to change the name often as this directly destroys goodwill.
Here we bring to you a few pointers to keep in mind while naming a business that you own:
Don’t go for generic
Everyone in this world is unique and thus obviously your business too is, so keeping that in mind, typically a soft drink company making orange juice should never keep names like Orange Juice Ltd. Why? Because it has no identity of itself. In Simple, plain terms, it is just a regular orange juice, which is too generic to be unique. A specification is crucially important while naming the company.
No random “fancy looking” words
It indeed is good to be creative, but your name for a brand must make some sense, a particular meaning should be delivered by the name that you choose for your company. Just some random words, making no sense are a complete no-no.
In most cases of non-profit organizations, the names are designed in a way that the acronym for the name turns out to be itself also delivering a meaning. it is indeed an interesting thing to do with the name of your brand and be playful about it.
The name of the organization plays a major part in the perception of the brand amongst the consumers, it therefore becomes necessary for the company to pay good amount of stress whilst giving an identity to the brand.- Hitesh Arora