The use of Artificial Intelligence (AI) tools has been used by many modern companies to make the business formation process easier.
In 2021, the increase in AI usage across businesses will create $2.9 trillion of business value and 6.2 billion hours of worker productivity.
Because of this growing demand for AI powered business tools, TRUiC has offered a range of useful AI tools readily available to aspiring entrepreneurs.
TRUiC’s Business Name Generator
TRUiC’s Business Name Generator has allowed young startups to ‘’automate’’ certain procedures and create a business name. These procedures, such as doing an availability search and brainstorming names, are time-consuming.
By using this business name generator, startups are able to use their time wiser in other areas of their company while still obtaining an SEO and Marketing friendly name after a few simple steps. TRUiC recommends brainstorming and searching for at least 4-5 potential business names during this process
Here’s how it works:
1. Search Using Words Wanted In Company’s Business Name
Business owners firstly have to determine names, phrases and words suitable for the business name when developing the business plan.
Once this has been achieved, business owners should enter the words and phrases into TRUiC’s Business Name Generator which will compile them into business name options.
2. Pick A Creative Business Name That Is Catchy
Once the list of options has been generated, business owners would have to narrow down the list by shortlisting options which stand out the most and which reflect the business.
To successfully do so, business owners should consider if the name communicates the business’ key principles, what first comes to mind when seeing the name and if the name is memorable.
3. Get A Business Name And Check Its Domain Name Availability
Once a name has been selected, business owners are ready to complete a domain check. This can be done using TRUiC’s Domain Name Generator. It is important to remember to check for trademarked words.
This can be done using an online trademark word checker that is able to operate globally. If the name chosen requires a trademarked word, it would have to be removed.
After TRUiC’s Business Name Generator has been used to successfully choose a name, users will have to ensure that the name is available for use in their state. They will also have to know how to register the name chosen.
Entrepreneurs will also have to choose whether their legal business name will be the brand name or if their brand will be separate from their legal name. This will determine whether entrepreneurs will need to file a DBA or if they can use their legally registered business name.
TRUiC’s Logo Maker
TRUiC’s Small Business Logo Generator has recently been launched to the public. The hassle-free logo design tool will have an entrepreneur ready to brand their business after a few, simple steps.
Simply provide the business’ name to start off. The user will also have the choice to add a slogan or tagline. The TRUiC Small Business Logo Maker then allows the user to choose having a graphic or a text-only logo.
A graphic logo allows the user to use an image in the logo, as well as stylized text. A text-only logo allows the user to display their business’ name or initials using creative fonts and typography.
Users are able to customize their design by TRUiC Small Business Logo Maker offering six base color options to suit the aesthetic of a business.
Once the logo has been completed, users are offered an easy, hassle-free download. No sign-up, email address or payment is required when downloading.
The user will be able to download the high-resolution logo in a scalable vector graphic (SVG) file format. This file format is the best for logos because it is easily editable and can be resized as small or as large as needed without losing the quality.
The TRUiC Small Business Logo Maker also produces logos customized for social media platforms such as YouTube, Instagram, Facebook, Google and more.
TRUiC’s Business Idea Generator
This generator is entrepreneurs thinking of starting a business. Users have to select their interests and narrow down their search by selecting more filters.
Once this has been done, TRUiC’s Business Idea Generator will offer a range of results available to be reviewed by the user.
Having over 700 business ideas available for aspiring entrepreneurs to explore, many modern entrepreneurs have formed their business after using TRUiC’s business idea generator.
The Bottom Line
The business name, the business logo, and arguably most importantly, the business idea of a company plays a vital role in the business’s success.
Creating these elements may prove to be intimidating for entrepreneurs, but TRUiC has taken this weight off their shoulders.
Entrepreneurs can now embrace these AI-powered tools in order to create a business idea, business name and business logo in a matter of minutes.