Choosing a Name
The name of your business or product is a critical aspect of your business plan.
A business name needs to be unique in your sector, the more unique the better. It should also be memorable but importantly you should be able to:
- secure the web domain name such as www.mycompany.com, if you are just trading in the UK then the .co.uk domain will probably be sufficient but if you are trading overseas you will want to be able to buy further names such as .com which is used in the US but which is global or .eu for Europe. You can check web domain names at sites such as www.names.co.uk.
- secure the trademark for your class of activity in all the countries you want to trade. Search for a trademark
- secure the company name, we have listed this last as often this is much easier than the two above. Search for a company name
Most common words have been used already, so you can combine words such as BlueMouse or create new words which is not that easy.