"Despite of" versus "inspite of"

U also need to do me some more favor… I am starting up an ice cream business… I have earlier planned to name as Daily-Fresh Ice creams unfortunately this particular daily-fresh is already a property of some other company can u suggest me some good names ??

I suggest you make adjustments to your request.
First of all, to make it grammatically correct, you need to change it thus:
You also need to do me one more favor.
Then I suggest you change it further, so that it sounds less curt and demanding:
I would like you to do me one more favor.

Perhaps some of our members will have suggestions for you.