‘Your EBiz Name…is it Right?’ – ‘Product Sourcing Newsletter’
‘Worldwide Brands’ has released their latest ‘Product Sourcing Newsletter’, complete with product sourcing tips for home-based e-tailers, upcoming trade shows, and spotlighted eCommerce wholesalers. The featured article is titled “Your EBiz Name…is it Right?”. [Product Sourcing Newsletter]
Worldwide Brands’ has released their latest ‘Product Sourcing Newsletter’.
Your EBiz Name…is it Right?
People starting an Ebiz often get confused when it comes to naming their businesses. If you plan to build a web site, there are actually two names you need to figure out: The name of your business, and your Domain Name (the name of your store/web site). They should rarely, if ever, both be the same.
Your Overall Business Name
If you’re going to do business, you need to be in business. That means you need to form a legal business in your State. Sorry, but that’s a fact, Jack. If you don’t do the legal stuff, you cause yourself all kinds of problems with taxes; you can’t collect money from people’s credit cards, and lots of other bad stuff. So grit your teeth and form a Sole Proprietorship, an LLC, or a Corporation. It’s not as bad as everybody thinks it is, and it turns your online stuff from a hobby into a real, moneymaking business.
When you name that overall business, it should be something very generic. Like Smith Enterprises LLC, for example. The business name is not going to be a name you publicize. It will not be the name of your web site.
However, it will appear at the bottom of your web pages, as in “Copyright Smith Enterprises LLC. All rights reserved”.
Product Sourcing Newsletter
* IMNewswatch would like to thank Worldwide Brands for granting permission to reprint this newsletter article.
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