In such a way you may come up with something like AmaziLife. Combining a part of an adjective with a noun.ItвЂ™s better to involve only key decision makers who will be directly responsible for companyвЂ™s performance. As a result you may come up with a very mediocre name that partially satisfies everyone. You involve nearly every employee, friend and family member.Key mistakes to avoid when choosing the company name What if Tom decides to sell Hunting products as well? For example, вЂњBest BuyвЂќ was known as вЂњSound of MusicвЂќ until 1983. If you follow such approach, you are limiting your future growth opportunities. Often, companies are named exactly after what you do, e.g. The truth is that companies like IBM became successful before choosing an abbreviation as a company name. Many people look at IBM, GM, HP, AOL and believe they can achieve the same success with the abbreviation as a company name. But even if company name is very individual and unique, make sure it resonates with your target audience. The best scenario is that when customers read your name, they understand what the business is about. Analyze the names competitors are using to come up with the name that makes your company stand out from the crowd. Have a look at names like SurveyMonkey, Salesforce, HotMail, etc. Sure, it doesnвЂ™t mean that if you sell bubblegum, you should name your company вЂњBubblegumSellerвЂќ.

While this is partially true, company name can either hold your business back of boost it like a rocket fuel and using a business name generatorВ can be an easy way to help you find the perfect business name.

Many entrepreneurs believe that naming your business isnвЂ™t important because the product/service quality is the only thing that matters. While all elements of your вЂњto-doвЂќ list are important, choosing the right company name for you business comes in the first rows. When you decide to start a business, there are so many things you need to take care of: deciding on your business model, competitor research, building a website, creating logo and so on.

Company naming tool