

From Libing Things as a name of a funeral parlor to Mami Pakyaw which refers to a noodle business. With overflowing humor, Pinoys coined the funniest and memorable names possible. Some just came up with a unique term that combined two dominant words together. Over time, Filipinos’ creativity took them beyond just having a dominant and a descriptor. In the business name “Glenda’s Ihaw Ihaw,” for example, we can say that the dominant portion is the term Ihaw Ihaw, which is a strong recall for many, while the descriptor is Glenda’s, simply because it serves as the modifier of the dominant word.
MONEYGURU PHILIPPINES CORPORATION HOW TO
Colgate was indeed a name so strong that some people even use it to replace the generic word “toothpaste.” How to Create a Business Nameīefore asking how to get a DTI permit, you should ask first how to come up with a business name to register. When asked which type of Colgate he would want to purchase, he would reply with the name of a competitor instead. Even a franchise business requires the franchisee to come up with a distinct trade name.įor example, a typical Pinoy would normally buy Colgate from a sari-sari store. Technically, it refers to the word or words that your potential customers can associate with your products and services. What is a Business Name?Ī business name is any name that you use to connect with your business. The application was opposed by Harry and Meghan’s Cobblestone Lane LLC.

MONEYGURU PHILIPPINES CORPORATION REGISTRATION
For instance, in March 2021, Prince Harry and Meghan Markle were in a dispute with a Filipino entrepreneur after discovering that a DTI registration application was submitted for the term Archewell Harvatera. You can never imagine how having a unique business name duly registered and trademarked can create an impact on realizing your dream business. Aside from spending time coming up with a name for your new business, you also need to register it with the DTI, if you’re a sole proprietor. Thus, the Department of Trade and Industry (DTI) encourages every entrepreneur to get a DTI Certificate of Registration. Moreover, two businesses with identical names can confuse potential customers and might put all marketing efforts to waste. A business without a name is barely a business because it doesn’t have an identity that customers can remember. Your business name is your company’s branding, so it should catch attention and can be easily recalled. What’s in a name? In a business, it means a lot.
