How do I sell my company name?
- Thread starter Quartz
- Start date
I think you just sell your shares in it and then the new majority shareholder will own it.
Well yes, but how do I find someone interested in the name?
Set up a business selling business names maybe
Soldato
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- 24 Sep 2007
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Have you Trademarked the name? If not, you don't have anything to sell. As the company has been dormant it hasn't built up intellectual property rights by trading.
Associate
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Speak for yourself.
Thought it was 100BillionFishes?
Fun story: Years ago someone contacted me out of the blue wanting to buy a domain I own, as they were planning to launch a new range of drinks in the UK with the same name. I declined to sell and as far as I'm aware that new drinks brand has never appeared. Possible explanations:
1) They didn't actually have everything in place to launch their brand and their business plan did not get approved/funded.
2) They went ahead and launched, but changed the brand name.
3) I personally destroyed all their hopes and dreams.
I refused an offer of $25,000 USD to buy one of my domains 10 years ago - they were a medium-sized US software company.
Speaking of winding up a company with a good name - I'm about to do the same myself but not looking to sell it.
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Has anyone shown an interest in the name before? How do you know it has any worth?
Beat me to it
No need. It's registered with Companies House and all such companies must have a unique name.
Associate
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- 19 May 2010
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- 1,730
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- Cheltenham
Beat me to it
I did no such thing to you kind sir and demand you retract this accusation…
What? But you told me you enjoyed it too? I feel used.
What is this amazing name for a company? is it x?
EDIT: You didn't even google it before asking? or are you canvassing?
First link...
blackstonesolicitorsltd.co.uk
EDIT: You didn't even google it before asking? or are you canvassing?
First link...
Selling A Company Name | Blackstone Solicitors
The identity of a business, encapsulated in its company name, is a valuable asset that can hold significant brand equity. Click to read.
blackstonesolicitorsltd.co.uk
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Soldato
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- 24 Sep 2007
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- 5,510
My understanding is that is irrelevant. The Companies House registration is for government administration and taxation purposes, it doesn't give intellectual property rights. That's why there's a separate Trademark Office.