Not only are such names common and uninspired, but they offer no insights into the company. Such names will affect the image of the company and it will truly be impossible to set an online presence with such a name  that is to show up on top in Google search results.

#2 Company name related to Product or Service

It is important to realize that no company remains the same. The market will not revolve around your products instead you will have to devise new products according to the market needs. Therefore, naming your company after your initial hit product or service could prove to be very costly. For example, a company which sold vegetable oil initially could go on to become the one leading service providers in information technology – Wipro. Products and services will change but the core values of a company remains perhaps that could be a key to a good name.

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