How to Register a Business Name
So, you’ve decided you’re going to start a company. It’s something you’ve toyed with for years, and you’ve now decided to start taking it seriously. That means you have to get the wheels in motion. And, one of the best ways of doing this is to make sure you tick all the right business boxes. So, if we start at the beginning, we would look at how to register a business name, in order to get the business on the move.
Choose a Name
The first thing you need to do as part of the process is to make sure you choose a name. This sounds obvious, but you’d be surprised how long it can take to come up with the right name. The name is one of the most important parts of the business, so you have to get it exactly right. Choosing a name is crucial, and you need to do it as soon as you can because someone else might take the name instead! Never underestimate how important it is to get the right company name; you’ll be surprised by how much of an impact this can have on customers.
Make Sure it’s Available
Once you’ve chosen the right name for the company, it’s time to make sure the name is actually available. It’s no good speeding off on a tangent and ordering all that branded stationery and letterheads if it turns out the name isn’t available. Checking the name (and URL for the website) is available is really important to do before you proceed any further. You can get online and check this out, and you need to make sure you do it as soon as you can. There’s nothing worse than settling on the perfect name, and then finding out it is no longer available.
Register With Companies House
Okay, so you’ve picked the name, and checked it’s available, now it’s time for the next phase of the process. This is where you need to register the company name with Companies House. You have to register a company in order to make sure it is legal, legitimate, and professional. Companies House is crucial because it holds the information you and your business are legally required to supply. Registering with Companies House will stop other companies from poaching your business name. If these steps seem a bit daunting, then there are Company Formation sites that will register a business name for you, and more, for a small fee.
Buy Your Domain Name
Just because you now officially have your own business name registered to you, doesn’t mean that you automatically get rights to yourbusinessname.com or yourbusinessname.co.uk. You need to snap these up quickly to make sure that your online name corresponds to your registered name. Go to sites such as 123-reg or HostGator, put in your business name (without spaces), and they will tell you which domains are available to buy. Once you’ve chosen, there will be a few different options to choose from, usually to do with how many years you want to pay for in advance. Select the one that suits you best, put it in your cart and once paid for – it’s all yours!
You’ve got to make sure you are prepared and that you understand what is involved to register a business name. You need to realise that this may well cost you money as well. So, make sure you do plenty of research before you get going, as that will help make the process smoother. There are a lot of parts to the process when you register a company, and its name, and the more you can get this sorted out the better for everyone. If you fail to prepare, you prepare to fail, and you don’t want your company to fall at the first hurdle, do you?!