Reason for change of name of the company

Why do I need to change my company name? Can a company change its name? Why to change your business name? How much does it cost to change your company name? Now you build mobile apps. Does your company ever get calls for a business with a similar name ?

You suffer from brand confusion. You’ve changed industries, products or strategies. Businesses often pivot to respond to market positions. You’ve outgrown your name Much like death and taxes, change in business is inevitable and unavoidable. You’re done with settling Naming your business was a big deal for you, but although you always intended to have a. Neither change a person’s name on their birth certificate.

People usually have personal reasons for what names they chose to use. I use my married name for everything even after the divorce because my entire college and professional life was in this name.

My married name was also a. A lack of copyright control can be very damaging the future of your. Your Current Name is Hard to Remember. Address of the Recipient. Subject: Company name change. Please note that there has been no change in management and in range of product.

This form can be used to notify Companies House of an unconditional change of name by the company members. However good a company name may seem at the time of initial incorporation, there may be reasons why you want to change the name at a later date. So, how can this be achieved? A name change is also a chance to freshen the brand and show consumers that the company is keeping up with the times.

Often, a name change simply aligns the company with language already being used by customers. Starbucks, for example, is no longer called Starbucks Coffee, a name that its customers truncated long ago. If your company name originally conveyed particular founding offerings, but you’ve outgrown and expanded beyond what the brand name originally referred to, changing your brand name can help you refocus and expand to capture other larger markets further afield.

Another brand has a similar name. Mergers and acquisitions are very common reasons for corporate name changes. If your company pivots in a new direction, it makes sense to have the name change too. When two companies.

Negative Associations.

However, the procedure shall be adopted similarly in all cases. It is possible to make small alterations in terms of formatting, letter case, punctuation and use of accents. If you change your company name and it has been approved by Companies House, you must update all business bank accounts and finance agreements with the new name. To change the account title of your business bank account(s), you will have to request the relevant form from your own bank and provide a copy of the certificate of name change that was issued by Companies House.

The Haloid Company. In the case of a name change , for example, a novation agreement might be needed in order to make a new contract with the newly named business. Assignment is a transfer of some property or ownership to someone else, including duties and rights.