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>