Nowadays, many people are starting their own business. New logos, names, headlines, and many things you have to think before starting the business. Amidst all of it, consider the trademark registration with a trademark attorney for your business. It is essential to get it to register since it refers to your brand directly.
Today, in this article, we are going to discuss why trademark registration is necessary for your business. But, before we jump directly into the article, let us first understand what a trademark is.
What is a Trademark?
A trademark is a service or mark that includes any word, name, symbol, device, or any combination that helps in identifying or distinguishing the product or service is known as the trademark.
It is important for the trademark to be unique and memorable enough so that the customers shall identify it from the competitors.
Why Trademark Registration is Important For Your Business?
When you are commencing the business, it is important to register the trademark. Below are six reasons for registering the trademark for your business.
- Even though, unregistered trademarks are often used while selling the goods, the chances of having infringement increases.
- Having a registered trademark gives additional protection to the business owner. Moreover, reduces the burden of proof.
- When you register the trademark, it ensures that there is no similar trademark with that of yours. In case, if you accidentally break the law and get someone’s trademark then you are sued from registering the trademark. Moreover, it is also possible that the opposite party will charge with legal fees and give up the fine obtained under the trademark.
- If there are any damages to the trademark, then you will also have to pay for it. The best option is to rename the company and redesign the logo so that you do not have to pay or lose more money.
- By registering the trademark, ensures that you other companies will not have a similar trademark, gives the exclusive rights to your business in using it, and sue anyone who uses it.
- Once you have registered the trademark then use the ® symbol which determines that your business is registered federally. This also increases the value of your company.
- If your company wants to expand further internationally in the business, and then it will have to register under the federal registration for foreign trademark filling.
When Should You Register The Trademark?
There is no correct time to register the trademark. As soon as you have a business logo, name, or anything that decides the identity of a brand, then register the trademark. Most of the businesses, start registering the trademark process even before forming the business.
So, that is all about the top reasons why registering the trademark is necessary. Remember, it is crucial to protect your business and make significant steps and prevent infringing someone else’s trademark. If you like the blog, then do share, and drop your suggestions in the comment section below.