One of the major roadblocks new entrepreneurs run into is selecting the perfect name for their business. To do this stressful task follow a procedure:
We often confuse our brand name to be our business name. To make your unique identity in the market, it is advisable you know the difference between brand name and company name. Your brand name is a product or service name provided by the company. The brand name is important to distinguish your products and services from other companies. However, the business name is the identification of an organization working to gain profit through commercial activities. In the commercial market, your company will be recognised by the company name, not the brand name.
Remember, your business name is your company's unique identity in the market. Any copied name, which is already registered with another company, is not acceptable. Whether you are an online seller or an offline seller, it is mandatory to have a unique business name.
According to the USA law, as a new business entity, you require a name not similar to any other active entity. You can use Koloden's online Business Name Availability Service to check if a name is obtainable.
The registrar of businesses globally expect applicants to follow certain guidelines:
Koloden's research tool allows the user to regulate to investigate business and trade name availability across the country.