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In this video tutorial by Rene Marquez from Neon Tiger Media, viewers learn about important steps to take when choosing a business name. Many entrepreneurs face issues with trademarked names, resulting in wasted time and money on branding. The episode provides three essential tips and tools for checking name availability before committing. The first resource mentioned is uspto.gov, the federal trademark search directory, where users can input their desired business name to check for existing trademarks. Ensuring a name is not already trademarked is crucial for successful branding and marketing.