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Old 03-20-2008
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Default How important do you think it is to include "Virtual" in your business name ......
I have been struggling to decide on a business name for a couple of weeks. I have a short list of five names. I get to the point where I think - ok, that's it. I complete the SOS filing documents, get ready to buy the domain name and then I start to question my decision. I'm so frustrated, I really thought that selecting a name would be easier.

I originally decided that I did NOT want "virtual" in my business name but now I'm second guessing that decision. When working through the name process, I always seem to go back to "Business Solutions" or "Executive Solutions". My main reason is as I look down the road at what I plan to achieve, I want a larger umbrella to cover growth.

In my years in the venture capital world, I saw hundreds of names for service businesses and the majority did not reference their industry. While most were brick and mortar - some were Internet driven.

So my questions is how important do you think it is to include "Virtual" or to reference some indication of administrative services in a business name for our industry? Do you think the use of something like "Business Solutions" can accomplish a similar goal when accompanied with a more descriptive and memorable tag line?

Any advice would greatly be appreciated!

Thanks!
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Kim Alvis, Managing Director
Cardinal Point Business Associates