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Protecting Business Trademark is very essential. A brand may be in any form such as a company's name, design, logo design, color combination, or tagline and infringing these brand terms is an offence and it can get huge penalties and also undesirable effects on the business name and brand image. Having a name formulated, registered, and approved by the state and official parties is necessary to avoid trademark infringement is best. To know more, visit http://www.liendesign.com/blog/2017/3/21/how-to-protect-your-business-from-trademark-infringement
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Content Introduction Trademark infringements Ways to Protect from infringements Common mistakes in Trademark Take away
Introduction A brand may be in any form such as a company's name, design, logo design, color combination, or tagline. It may be a particular business's name like Starbucks or something that may distinguish a particular product like Sprite from its competitors. If you are Planning to establish a company on your own? Then, You probably thinking of a unique business name, a logo, and a tagline by now. You may have tons of plans for your business, and you're so excited to start all of those. But even if you're excited with the thought of finally owning a business yourself, don't fall into the trap of infringing another company's trademark.
Trademark infringements When your target market is already aware of your brand, it would be easy for you to have a sale as more buyers are more likely to use products that deliver results. Imagine this? What if a particular business is using the trademark you have for the same type or set of goods and services? Or If the one who uses the same brand had already used it long before you used it and worse has already registered it as theirs before you? That company can force you to end your right over that brand and may even sue you and make you pay for harm caused by infringement of brand. As a result, one’s branding (basically, starting from the top) which includes changing your marketing strategy over your materials, the packaging of your product, even your posts on your social media sites, basically anything that associates with the infringement.
Common mistakes in Trademark Trademark infringements may incur penalties, and the original owner of the trademark may ask an enormous amount of money from you. These things will not only be a hassle on your end but could also cause you a huge problem when it comes to finances in paying all the damage. Worse, that could also be the reason why you'll need to close your company. Another one mistake that is common nowadays is business owners think they're already clear when their state approves their request to build a corporation, a company with limited liability or register some false name. Sometimes, companies only realize this mistake when they already received a cease and desist letter.
Ways to Protect from infringements For you to make sure you will not be in trouble by infringing a trademark, it is important to do the following steps: Conduct an intensive research to ensure the brand you're planning to use is something that has never been utilized by a particular business. Register your chosen trademark for you to prevent other companies from back riding in your business' success and even to avoid business damage in the future. The research should be done with following steps: Trademarks that your state or the federal government has proven registered and any other trademarks pending for approval. Brands that are currently in use but are not yet registered or those that haven't applied for federal registration yet but are trying to market or trying to sell products or services.
Take away After you finish researching and you're already sure that you can still use the brand continuously, you should already apply for registration to have all the right over your trademark. Also, this assures no one can use your company name other than you. You may also file for a state or federal registration of a trademark, depending on where you're trying to sell goods and services. Doing this long but important process will be beneficial for you to achieve your goal, which is for people to know and trust your brand. Aside from that, it will also protect your business from any adverse effects of trademark infringement. It will also save you a significant amount of money when it comes to penalties that may result from a huge issue.