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Business names

How to choose a company name

A company name should be easy to remember and pronounce and fit the industry, and it should carry a coherent meaning. Before any of it can be put into practice, though, the trademark check and the rules on registered names usually matter more than whether the name is auspicious.

Illustration of naming a company, with the structure of a brand name and its five-element bearing

When naming a company, start with the direction: the temperament of the industry, the people you are aiming at, the feeling you want to convey. Then generate candidates that read well, are easy to remember and carry a coherent meaning. Finally do the trademark and registered-name checks before you weigh the five elements and the numerology.

A good name first has to pass the “easy to say and remember” test

A company name serves communication first: it has to roll off the tongue, stick after one hearing and look right in writing. If it cannot clear that bar, even good meaning is hard to put into practice.

Keep the number of characters modest and avoid rare or easily mistaken characters — being easy to say and easy to find is itself a competitive advantage.

Try reading the candidates to people from different backgrounds: a colleague, a potential customer, even an older relative. If someone has to ask how to pronounce it a second time, or instinctively wants to correct how it is written, the cost of spreading it is already high.

Fitting the industry and carrying meaning

The name should suit the temperament of the industry: technology, restaurants, creative work and trade each have their own feel. Into that, put a positive and coherent meaning that gives people an association as soon as they hear it.

If you want to bring in the five elements and the numerology, treat them as a bonus when screening candidates rather than the other way round. Do not sacrifice how well the name works just to cover an element.

The meaning does not have to be piled up with auspicious characters. A name that is clear and wears well is often easier to remember than one stuffed with good-luck words, and it suits building a brand over the long run.

Before you commit, check for duplicates and compliance

However much you like the name, first check whether the trademark is registered and whether the registered name is available locally. This step decides whether you can actually use it.

Weighing the creativity, the meaning and the real compliance together is the sound order for naming a company.

Besides the trademark, check the industry entry requirements, the domain name and the availability of the main social platforms. Finding out after the name is settled that you cannot register the account or the domain costs far more to fix later.

The brand name and the legal entity name can be different

Sometimes the company name registered with the authorities has to be safe and compliant, while the brand name used in the market can be shorter, easier to remember and more vivid.

If the competition in your industry is fierce, design the legal entity name and the brand or product name together, and let compliance and communication each do their own work.

The two are best given a clear link: a customer who sees the brand name should associate it with the company, and someone reading the contract should recognise the public brand, so that trust does not break across the gap.

The name has to carry the business of the future

A company starting out may only serve one category, but the name should not be so narrow that it cannot grow. Binding it to a single city, a single product or a passing slang will hold you back when you pivot.

A good company name lets people know roughly what you do, while leaving a little room for future product lines, regional expansion and a brand upgrade.

If the direction of the business is still taking shape, use a relatively neutral name and put the specific category in the product name or the subtitle, rather than locking the company name to one track.

How the team settles on the final choice

A company name usually involves the taste and the memory of the founders, the partners and the core team. Before you choose, agree on three bottom lines: easy to say, can be registered, and does not feel awkward.

Then list three to five candidates and run a pronunciation test, a trademark search and a team vote on each, rather than diverging endlessly. No name is absolutely perfect, but you want an executable balance between communication, compliance and how well the team accepts it.

Once the name is settled, complete the registration, the trademark and the outward materials quickly, so that nobody is still arguing internally while the outside world already uses several names.

How to start

  1. 1First settle the temperament of the industry, the people you are aiming at and the feeling you want to convey.
  2. 2Generate a batch of candidates that read well, are easy to remember and carry a coherent meaning.
  3. 3Separate the uses of the legal entity name, the brand name and the product name.
  4. 4Run the trademark and registered-name checks and the compliance review.
  5. 5Then weigh the five elements and the numerology, the team's preferences and future expansion, and settle the final choice.

Common misconceptions

  • Fixating on covering an element and ending up with a name that is awkward and hard to remember.
  • Using rare characters or unfortunate homophones, which raises the cost of spreading the name.
  • Settling the name without checking the trademark, and being forced to rename later.
  • Making the name too narrow so it does not work when the business expands.
  • Confusing the registered company name with the public brand name.

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Frequently asked questions

It is a reference, not the only standard. Make sure the name is easy to say and remember, fits the industry and is available as a trademark, and only then weigh the five elements and the numerology.

Distinctiveness has to serve memory and communication. Too rare or too awkward is hard to remember and hard to find, so there is a balance to strike between being distinctive and being usable.

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