Kentucky Business Name Search
- Why Start a Business in Kentucky?
- Why do you Need to Check for Business Name Availability?
- Steps to Complete for a Kentucky Business Name Search
- Step 1 – Choose some Business Name Ideas
- Step 2 – Kentucky Business Name Search
- Step 3 – Register a Kentucky Business Name
- Final Word: Kentucky Business Name Search
If you want to start a business in Kentucky, then you are about to embark on an exciting journey. The state is known as one of the most cost-effective for starting a business with a strong logistics aspect that can help small businesses grow and sustain themselves. While the state has a few well-known business enterprises, the state is open to all businesses and has great support for all. In this article, we will look at how to complete a Kentucky business name search, and how to register a Kentucky business name.
Why Start a Business in Kentucky?
Kentucky is one of the best locations to start a business in the United States. Some of these reasons are because of the location, others for the talent available and another is because of the costs.
For example, Kentucky is within a day’s drive from more than two-thirds of the US population, perfect for distribution channels. In addition, most of the country's population, personal expendable income, and manufacturing businesses can be found very close to the state, allowing for a potentially huge market.
And when customers aren’t in the state, the state has some of the best connections in the country. Ranked second in the whole country, they have significant air cargo capacity, two international airports, and three global shipping hubs. Therefore, your business can make use of connections to get customers with your products. Those looking to drive around can also benefit from 20 interstates, major highways, and major rail networks.
And while there are all these benefits, there are also the best costs for starting a business. They have the lowest rates for starting an LLC, with the total costs nearly half of what other brands charge just for filing an annual report. And you can also benefit from flexible financial assistance which can help a brand with its cash flow, one of the biggest causes of business failure.
Part of the lower costs includes utility costs, which are much lower than in other states.
Those who are looking to hire people can also have lots of people to choose from. There are great educational options within the state that allow for a highly trained skilled workforce. And the state helps employers and workers to connect to help fill jobs and find employees. In 2021, the system helped 95,000 workers to upskill and find work while at the same time, 5,000 companies were helped with the scheme to fill skill gaps in their workplace.
This program is part of the innovation and entrepreneurship programs that are so important for the state. They have unique and effective systems to help businesses gain access to funding and other business support. That is why the state is known as one of the best in the country for being business-friendly.
Finally, the quality of life in the state is really good. The state has a 10% lower cost of living on average with house prices being 30% cheaper in the state compared to the rest of the country. This makes it one of the best for living costs.
And there are numerous industries that are doing well, especially in the farm niche.
Why do you Need to Check for Business Name Availability?
Business name availability is one of the first steps that you should do in the US and the world, generally. If you don’t know whether you have a unique name, then how can you differentiate yourself? A name that is the same as another can be confusing customers, suppliers, government agencies, and others. They want to have a different brand and they can instantly recognize it.
And a good name is really important for revenues. About 80% of consumers will reject purchasing from a brand if they don’t like the name. In addition, some brands can not get access to funding or credit based on the name.
When customers get two businesses with the same name, they can also become confused. Which brand is the one they like? This can mean that they can go to the other brand, losing sales.
Finally, there is a legal issue. With some business names protected by law. If you use the name you could find that you are taken to court and might need to pay compensation. But if you register the business name in the state, then you can protect your name.
And remember that even if the business has not been protected or registered, choosing the same name as someone else can be a bad mistake. Google will favor the brand that has been around the longest, therefore, new brands will get less traffic from being ranked lower.
Steps to Complete for a Kentucky Business Name Search
Here are the steps that you need to do to check for business name availability in Kentucky and then the instructions on how to register a Kentucky business name.
Step 1 – Choose some Business Name Ideas
When it comes to registering a business name, the first thing that you need to do is to list the potential names that you might use. There are numerous ways that you can generate this list. One of the best options is to use a business name generator. These can save time and provide you with unique names that aren’t going to be in use. The name generator tools are also free.
Another factor that you might want to do is to have a long list of potential names. Some people only choose one or two and then they go and do a business name search to find that all their current choices have been taken. When you have a list of between 10 and 20 options there are going to be a couple of names that will never be taken.
Step 2 – Kentucky Business Name Search
Now you can check whether the Kentucky business name has been taken. You can do this on the secretary of state’s website with ease. All you need to do is go to the Name Availability Search option and then you can search for the name in their database.
If the database has any relevant searches, they will provide that in the next screen. There can be up to 15000 name search results obtained. Therefore, you must add your business name choice as accurately as possible.
You should also do searches on social media, domain authority, and other sales platforms.
You don’t want to only exclude names that are the same, you should also exclude similar names.
If you need to speak to the secretary of state, then you can use these contact details to get in contact with them.
|Contact Form Available|
Step 3 – Register a Kentucky Business Name
Once you’ve completed the Kentucky business name search, you can register your business name. This can be done online. Remember that you can’t do business in the state with just a registered business name, and you need to renew the business name every year.
Final Word: Kentucky Business Name Search
Above are the instructions for the Kentucky business name search process. It is a fairly simple process that allows you to register a Kentucky business name with ease. If you need help, you can speak to ZenBusiness and IncFile. Good luck with your business.