How to Protect Your Business from Trademark Infringement - PowerPoint PPT Presentation

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How to Protect Your Business from Trademark Infringement

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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 – PowerPoint PPT presentation

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Title: How to Protect Your Business from Trademark Infringement


1
How to Protect Your Business from Trademark
Infringement
2
Content
  • Introduction
  • Trademark infringements
  • Ways to Protect from infringements
  • Common mistakes in Trademark
  • Take away

3
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.

4
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, ones 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.

5
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.

6
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.

7
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.
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