While a clever and appropriate name can impress your fan base, choosing an unoriginal, dull name communicates a lack of enthusiasm towards your new business venture.

 However, it’s never too late to change a company’s name; some of the best businesses have changed their names when a better idea came around. (Xerox used to be called The Halloid Company; Nissan was Datsun; and LG shortened its name from Lucky and GoldStar Co.)

 A great name can hit in an instant or be a result of careful tweaking over time.

 While there is no magic formula to creating a good company name, here are five common motifs found across all great company names. Read more …