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- [Narrator] Coming up with a business name is one of the most important steps in forming a business. Your name affects your branding and your image as a company. Lets get you started on the right path to picking a solid business name in Alabama. Alabama is an excellent place to form a new business. With the third lowest tax burden in the country, Alabama boasts inexpensive labor and a great cost of living. Every state has slightly different requirements for naming a business. Follow along closely to learn the required steps for naming your business in the state of Alabama. In this video we will go over how to name your business based on your business structure, branding and brainstorming business names, and how to check your names availability. Be sure to ask yourself the seven essential questions we provide before your make this critical business decision. One, choose a business structure. Youll need to determine your companys business structure before deciding a name as differen