Friday, March 5, 2010

How to Create a Winning Business Name?





What’s a winning business name? A business name that draws business in itself, Here are 5 Rules for Choosing a Business Name:
1) A winning business name has to be memorable – but easy to spell.
2) A winning business name needs a visual element.
3) A winning business name has to have positive connotation.
4) A winning business name needs to include information about what your business does.
5) A winning business name has to be fairly short.
And a last tip: think about colours when you’re choosing a business name. Colours will be an important component of your business logo and other business promotion materials and your business web site, and colours have strong emotional associations, too. Red, for instance, is an aggressive colour; its fiery elements are associated with speed, excitement and passion while green is a calming colour associated with growth, renewal and nature.

Thursday, March 4, 2010

Business Registration in Canada



Business registration is a legal requirement, not a choice.The procedure you have to go through to register a business name depends on what form of business you’ve chosen for your new business. The basic procedure to register a business name for a sole proprietorship or partnership is to conduct a business name search, fill out the appropriate business registration form, and pay your fee.The procedure to register a business name for a corporation or cooperative is more involved. Besides conducting a name search, you will also have to prepare Articles of Incorporation, a cover letter and an incorporation application to go along with your fee.So to summarize, here are the steps:
Step 1. Choose a name for your business.
Step 2. Conduct a search or searches for your chosen business name.
Step 3. Register your business name.
Step 4. Register for whatever other licenses, registrations, or certifications you require to legally operate your business.
Step 5. Upgrade/renew your business name registration as required.

Here are the steps for incorporating a corporation:

1. Choose a name for your corporation.
2. Conduct a name search.
3. Complete the Articles of Incorporation (Form 1 under the Business Corporations Act).
4. Create a covering letter.
5. File your application for incorporation.

Here is your site for SERVICE ONTARIO where you can log on and register your business online.