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June 2018

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Contract Talk<br />

WHAT’S IN A NAME?<br />

Our ongoing series looking at the different aspects of setting up and running a business as a<br />

roofing contractor continues, and this month Janine Brady, SIG Roofing’s Marketing<br />

Manager, discusses the importance of your company name.<br />

Choosing a name for a business is one of<br />

the first big decisions that roofing<br />

contractors have to make when setting up<br />

their own business. Coming up with a name for a<br />

company can also be a very exciting part, as it<br />

can give contractors a real sense of pride in the<br />

business and service offering they are creating.<br />

Like any business, roofing contractors shouldn’t<br />

underestimate the power that a company name<br />

can have. How many people, for instance, have<br />

heard of a business called BackRub? Not many<br />

I’d imagine. However, if I said the name Google,<br />

I’d be shocked if you hadn’t heard of it. BackRub<br />

was in fact the original name for Google before<br />

the founders changed the name in 1997, and this<br />

brand is now so powerful that it’s in the Oxford<br />

English Dictionary!<br />

I know this is quite an extreme example, but it<br />

does demonstrate that a business name is a<br />

valuable asset that can help build your<br />

reputation, not just with potential customers, but<br />

also with suppliers and when you are trying to<br />

attract new recruits for business growth.<br />

So, when choosing your company name, there are<br />

a few items that contractors should consider:<br />

Make it memorable<br />

A catchy and memorable business name can<br />

benefit you massively in the long run. Word of<br />

mouth is one of the most powerful forms of<br />

marketing and attracting new business. You want<br />

a name that sticks in the customer’s memory so<br />

they recommend you to their friends and family,<br />

or via social media recommendation sites.<br />

Be careful to avoid business names that include<br />

unusual spellings – make sure they are easy to<br />

pronounce and remember; simple and<br />

straightforward is the basic rule of thumb and the<br />

shorter the better. It’s also best to avoid quirky<br />

words; it may have worked for Apple and Google,<br />

but for a roofing contractor, it’s a risk if people<br />

don’t understand what you do or the service you<br />

provide.<br />

Once you have chosen the name, test it out and<br />

get a few opinions. You might love it, but it’s<br />

always better to get different perspectives on it.<br />

Will your customers – and your staff – be able to<br />

relate to it? Do they understand it? What does it<br />

mean? These are all important questions to ask<br />

friends, family and peers.<br />

It’s also important to remember that Companies<br />

House apply a number of rules and restrictions on<br />

company names which you will need to adhere to,<br />

like not having a name that is misleading or<br />

offensive.<br />

Is it available?<br />

Once you’ve decided on your name, you need to<br />

check it’s available. If the company name you<br />

want is already being used, it’s best to avoid<br />

copying so you are not forced, legally, to change<br />

your business name in the future. Simply search<br />

online for ‘company name checker’ to access a<br />

number of sites that are authorised by Companies<br />

House to allow you to check. It’s also good<br />

practice to check the name or names you want<br />

for your business using a search engine or looking<br />

through the Yellow Pages.<br />

Once you’ve checked the name is available, if you<br />

are going to have a website it’s important your<br />

domain name (i.e. URL) is available too. When<br />

setting up a domain name it is best to keep it the<br />

same as your business name, otherwise it can be<br />

confusing. It may seem obvious, but setting up<br />

Joe Bloggs Roofing Services Ltd and then<br />

registering a website address as<br />

www.joeroofing.co.uk will have consequences<br />

with potential customers not being able to find<br />

you online. In addition, if you are called Joe<br />

Bloggs Roofing Services, register both<br />

www.joebloggsroofingservices.co.uk and<br />

www.joebloggsroofing.co.uk for example, it keeps<br />

everything clear and easy to find for your<br />

customers.<br />

You’ll also have the option of co.uk, .com or .net.<br />

For start-up roofing businesses you can choose<br />

just one, although if it is not cost prohibitive you<br />

have the option of purchasing multiple – this will<br />

help when people are searching for you.<br />

Once you’ve chosen your company name, you’ll<br />

then need to register it. This can be done online or<br />

by post via www.gov.uk and you will receive a<br />

certification of incorporation when registration is<br />

complete, usually within a few weeks.<br />

Finally...<br />

Whatever name you choose, remember that your<br />

company name is an important part of your<br />

business identity. This is a name that will appear<br />

on the side of your vehicle, be on your business<br />

cards, your letterhead and your website. More<br />

than that though, your company name is also<br />

something that identifies your business and the<br />

service you provide. Having a name that you and<br />

your staff believe in and your customers trust will<br />

go a long way in building your reputation.<br />

Next month: SIG Roofing offers advice and<br />

guidance on your tax and VAT responsibilities.<br />

Contact SIG Roofing<br />

0845 612 4304<br />

www.sigroofing.co.uk<br />

@SIGRoofing<br />

26 TC JUNE <strong>2018</strong>

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