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the potential pitfalls to avoid in naming your business. Jim Hardin, the founding attorney at Hawthorne Law, emphasizes the importance of choosing the right name for your business to avoid costly mistakes. He discusses the five main categories of business names and highlights the importance of ensuring your chosen name is unique, trademarkable, and not already in use by another entity. Making the wrong choice can lead to wasted resources on marketing materials and brand recognition. It is crucial to get it right from the start to build something that truly matters in the world.