The biggest companies in the world are popular because they have a remarkable and long-lasting branding style. Building a brand begins with choosing the perfect corporate name for your business. When choosing a name for a Singapore company, you would want something that would have a recall to your customers.
It is important to have a corporate name that is easy to remember and hard to forget. You want your customers always to remember you whenever they seek the kind of products or services you are offering. As much as possible, you would want to corner the market you are involved in to optimise revenues.
With this, it is only necessary for you to do some research before choosing a name for a Singapore company. It is only wise for every entrepreneur to be informed of what to do during this situation. After all, there are legal repercussions if you are not careful.
Tips on Choosing Name for Singapore Company
When incorporating a business in Singapore, you should really carefully think of your corporate name. As mentioned, it can launch your business into greater heights. Here are some of the tips you should consider when naming your company.
Differentiate Your Company Name
Make sure that your company name can stand out among competitors. Do not make it too vague because customers may be confused. Do not choose generic names as well because they are generally boring. In choosing the name, you want to have something that will catch the attention of the public.
Be Creative in Picking a Name
You can use buzz words in your corporate name so it can have a good recall. You can even use puns to make the company name memorable. But using such is dependent on the nature of the company. Make sure that it is appropriate for the line of business you are in.
Keep Your Corporate Name Simple
While it pays to be creative, you also need to evaluate the company name. It should not be too long or too complicated because you want to be that different. It will confuse your customers. Your corporate name, in turn, might be difficult to remember, which kills the purpose of being creative. In short, do not choose way over the top company name. Be creative but simple.
Setting up Business in Singapore
After choosing a name for Singapore company, you will need to learn the ropes of the business landscape. Learning how to set up business in Singapore is a must. With this, you might need a corporate service provider to guide you. Reach out to 3E Accounting. We are a dedicated team of excellent professionals ready to offer you services in accounting, taxation, and business support, among others. Contact us today.