Small Business Information

Is Your Small Business Name Important?


You bet a name is important. Many small business owners try to come up with a clever name for their business rather than one that explains what they do. And, nine times out of ten, that is a mistake. Your business name should give your prospects some idea of what your business is about.

One of the most useful processes I've used to help my clients come up with a good name is to turn it around. Rather than looking at the name from your perspective, approach it from your prospect's perspective.

1. Identify your target market. Be specific. What are their wants and needs? Specific gender? How big are they? Do they make a certain amount of revenue? What do they look like? Draw a picture of your prospect.

2. Why should they do business with you? What are the benefits? What makes you different from all the other businesses in your industry?

Based on your answers to 1 and 2 above, brainstorm a list of words that could potentially turn into a company name. Put those combinations together and see what works best for you.

Denise O'Berry is a small business expert who helps small business owners take action to grow their business. Learn more about how to be a successful small business owner at http://www.smallbiz-bootcamp.com


MORE RESOURCES:

BBC News

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PolitickerMD, MD - 1 hour ago
Sarah Palin (R-Alaska) as his running mate, calling her a champion of small business. “John McCain needed an outside-the-box choice to really up the ante in ...
McCain set to announce VP pick Henderson Gleaner
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Sarah Palin: Just How Pro-Small Business Is She?
U.S. News & World Report, DC - 7 minutes ago
After expressing some skepticism of Joe Biden earlier this week, let me demonstrate this blog's nonpartisanship and cast the same suspicious light on Alaska ...


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Times Bulletin, OH - 7 hours ago
Kate Gribble, chamber president, released the list of nominees for the 2008 Small Business of the Year and Micro-Enterprise of the Year this week. ...


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BEIJING, Aug 29, 2008 (AsiaPulse via COMTEX) -- SBCO | Quote | Chart | News | PowerRating -- The Agricultural Bank of China (ABC) issued 266.5 billion yuan ...


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Cambridge Network, UK - 4 hours ago
The Technology Strategy Board is pleased to announce that the first of the pilot competitions for the reformed Small Business Research Initiative (SBRI) ...


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