When starting a business, every step you take can impact the outcome. One crucial and fundamental step to consider is selecting the right company name. This process takes a significant amount of effort and time, but fortunately, there are tools that can help make it easier. If you lack the time, creativity or know-how to come up with a unique and effective name, consider using a name generator like “Turbologo.” This generator is designed to help you find suitable options based on specific parameters without requiring any special skills or experience.
Parameters to Consider When Creating a Company Name
To choose a great company name, you must consider various parameters and criteria that can guide your thinking in the right direction while weeding out ineffective options. The following are some of the things to keep in mind:
Relevance – Avoid inconsistency between the name and the company’s main activity. Choose a name that can “sell” and reflects the essence of the organization, but also meets other criteria. For example, calling a bakery “Bun” might be inappropriate since the main task is to inform the client about the organization and entice them to make a purchase.
Conciseness – Keep in mind that people’s brains are not naturally programmed to remember names easily. So, choose a name that is short, memorable, and relevant. Avoid using trendy names because they may become irrelevant within a few years.
Originality – Do not copy the name of other popular organizations or use current firm’s names as a basis. Instead, come up with an original name that stands out and does not have similar or consonant ones.
Attractiveness – The name should attract potential customers and create interest in the company. Keep in mind that the name may not appeal to all social or age groups, and a careful approach is crucial.
Meanings – The name of the company should have a semantic meaning, providing food for thought for passersby who see the company name on the street. Avoid using fancy names consisting of incomprehensible letters that customers cannot understand.
Finding the Right Company Name using Parameters and Criteria
Once you have considered the above parameters and found the “golden mean,” you can focus on choosing the best options depending on the effect you want to produce on customers. With the right name, you can create a strong and memorable brand identity that speaks to your potential clients and sets you apart from your competitors. Consider using Turbologo or other name generators to explore your options and make the selection process easier for you.