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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. Letamp;#39;s get you started on the right path to picking a solid business name in Illinois. Illinois is an excellent place to start a business. Illinois has the fifth largest economy in the country with great access to venture capital. 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 Illinois. 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 nameamp;#39;s availability. Be sure to ask yourself the seven essential questions we provide before you make this critical business decision. One, choose a business structure. Youamp;#39;ll need to determine your companyamp;#39;s business structure before deciding a nam