IDEA TO ACTION QUOTE: The beginning of wisdom is to call things by their right names - Chinese proverb.
I derive quite a bit of pleasure from reading the names displayed on dukas (shops) as I drive along. Many are hardly innovative, 'Onyango shop', while others speak volumes 'jasho langu (my own sweat) shop' or Akisema Atakubariki (when He says He will bless you) Investments'. Interestingly, some dukas have no names displayed.
Last week I spoke about taking your small business to the next level. Today I retain a similar theme, with a reflection on how to select a name for your business, when you decide to take it to the next level by registering it.
There is no right or wrong way to do it. In my view what matters is the vision you have for your business, and how that name will help you achieve the vision.
If you see your name as a household brand in the future then go on, give your name to your business. Maybe you are more concerned about people knowing what business you are in from hearing your business name. Perhaps you are inclined towards the abstract, or the creative. Do you want to portray old fashioned values, or are you going for an innovative or futuristic name? Where will your business take you? If you will go beyond 'local' then think about the meaning that non locals will give to the name you select. Are you fussy about spelling and pronunciation of your name? Then go for something that's easy to write and say.
Here are a few more considerations
a) People tend to pick the first few names listed under a certain service in the business directory. Where will you be on the list?
b) You cannot register a name that has already been registered by another. Have several options ready.
c) Customers infer a lot from your business name. What will be their first impression of your business?
Whatever you decide, remember that your business name should work well wherever you use it - on the phone, in your logo, signage, stationery, advertisements, website, email, t shirts, and any other media you use to reach your customers or clients.
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