Kudos to you if you’ve decided to start your own business. Small business growth and the entrepreneurial spirit aren’t just historical traditions in America, they’re actually the biggest driver of new job creation across the nation.
Things You Should Know Before Starting Your Own Business
Your reasons for wanting to start your own business can be quite varied. In fact, they might be as diverse as the number of possible businesses you could start or the like-minded people joining you in chasing their dreams. You might have realized that there’s no way up the corporate ladder in the realm you currently work in, you might be tired of answering to others, or you just might be looking to monetize a hobby or earn a side income.
Whatever brings you to the table, you have to name your business with the help of business state of incorporation. It’s all good and necessary to have something to sell, the bank account, the bookkeeping system, the accountant, and any other checklist items the IRS looks at in establishing an entity as a business, but on top of all that, you have to have a name.
In most states, your state chamber of commerce or similar department is where you will check for business name availability. In some states, it might even by your municipal chamber of commerce, but in most cases, it’s your secretary of state.
Check State’s Database of Available Names
As you check through your state’s database of available names, though, just remember that you’re only seeing what’s in your own state. If you want the same name in multiple states, you’ll have to go through and check each one out!
To complicate matters, the state resources only cover business names. If you want your website name to match, you’ll have to do a domain search on top of the state searches too. Having an exact match domain name is critical to easy traffic given how search engines rely on matches, so consider that it matters to what you do.
In addition to finding an open name that’s available on as many fronts as possible, make sure your name still reflects what your business does and is easy to remember. If you’re successful, people should hear your company’s name and know immediately just what it does for the economy. A good name with great service or products can earn a reputation that keeps repeat and word-of-mouth business coming back for more of what they need and want for many years to come.