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How to Choose a Business Name:How to Choose a Business Name: Part Four – Know if the Name is AvailableWelcome to part 4 of a 4 part series about how to choose a business name. This subject is, obviously, near and dear to me as this is my bread and butter. A common mistake many new business owners make is assuming that their business name is available simply because:
The above are merely preliminary indications of what business names, service names, and product names are out there. Only comprehensive research will tell you if a name is truly available for use. Ok, so what is comprehensive research? Comprehensive research entails searching a variety of files. The first step is a comprehensive search of the pending and registered Federal and State trademark files. Similar names matter too! The search should look for similarities in Sound, Appearance and Meaning, which means looking at synonyms, spelling variations, word placement, translations (if necessary), etc. The second step is a comprehensive search of US National Common-Law files. This entails searching all incorporation records, all fictitious name/DBA records, Dun & Bradstreet ® records, product announcements, newspapers, company directories, etc. If the research proves clear on both steps, you can then decide if you'd like to file for a State or Federal trademark. This concludes our 4-part series in choosing a business name. The 4 topics I chose are those that are the ones I think most important. Are there other steps you think should be considered? |
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