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Pros and Cons: Business Name Choices


NAME: Stacey's Sewing Supplies

    PROS
  • Describes the business so that customers are immediately informed of the business's purpose.
    CONS
  • Gives the business a personal touch by associating it with the name of the owner.
  • Limits the potential for future expansion into sewing services, craft supplies, etc.
  • Personally identifies the business with the owner, which could prove troublesome if the business fails.
  • May not get as much protection under trademark laws.

NAME: Schlzenski's Sausage

    PROS
  • Describes the business so that customers are immediately informed of the business's purpose.
  • Gives the business a personal touch by associating it with the name of the owner.
    CONS
  • Limits the potential for future expansion into other food products and services.
  • Personally identifies the business with the owner, which could prove troublesome if the business fails.
  • Hard to spell, pronounce, and remember.
  • May not get as much protection under trademark laws.

NAME: ABC Home Repairs

    PROS
  • Describes the business so that customers are immediately informed of the business's purpose.
  • Gets an early listing in alphabetized directories.
    CONS
  • Limits the potential for future expansion into home additions, decks, commercial work, etc.
  • Lacks a unique identity.
  • Could be confused with other similarly named businesses.
  • Name may not be available because already taken.
  • Other businesses with similar names could sue for infringement.

NAME: The Coffee Shop

    PROS
  • Describes the business so that customers are immediately informed of the business's purpose.
    CONS
  • Lacks a unique identity.
  • Could be confused with other similarly named businesses.
  • Name may not be available because already taken.
  • Other businesses with similar names could sue for infringement.
  • Would not receive as much protection under trademark laws.

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