What is the purpose of registering a trademark?
The purpose of trademark registration is to protect the trademark from infringement by competitors. Registering your mark ensures that you have a claim of ownership over its use, and can use this registration as proof in court of the mark’s validity.
Is registering a trademark necessary?
You don’t necessarily have to register your trademark with the U.S. Patent and Trademark Office (USPTO), but you can benefit from it. U.S. trademarks can last forever, as long as the trademark is used in commerce and defended against infringement.
What are the disadvantages of trademark?
Disadvantages of Descriptive Trademarks
- Not Qualifying for Registration on the Principal Register. …
- Descriptive Trademarks are Weak Marks. …
- The Trademark Registration Process May Cost More. …
- Your Marketing and Advertising Costs Will Increase. …
- Litigation Can Be Risky, Uncertain, and Expensive With a Descriptive Mark.
What is the cheapest way to trademark?
The cheapest way to trademark a name is by filing with your state. The cost varies depending on where you live and what type of business you own. If you are a corporation or LLC, you can expect to pay less than $150 in most cases, while sole proprietors and contractors can pay anywhere between $50 to $150.
Can I use TM without registering?
The trademark symbol (TM) is a mark that companies often use on a logo, name, phrase, word, or design that represents the business. … The (TM) symbol actually has no legal meaning. You can use the symbol on any mark that your company uses without registering it.
Can you start a business without a trademark?
Registering your business name for a trademark isn’t required in order for you to have trademark rights. However, a registered trademark can provide greater protection for your brand while helping you build your brand and drive business growth.
Who should register a trademark?
The party who controls the nature and quality of the goods and services used in connection with the brand should be the trademark owner. This is an important decision and naming the proper owner for purposes of registration is critical to maintaining a valid trademark.
What are the benefits of registering a design?
Registering a design offers proof of ownership on the official IP register, provides certain exclusive rights and provides the protection given under the Act. The benefit of registering your Design is that you are given greater protection if someone tries to use your design or a design similar to yours.
What is the drawback of patent?
One of the primary disadvantages of a patent is the fact that it requires significant upfront investment. Filing the documentation needed to secure a patent can be a lengthy, tedious, and expensive process, particularly if you want to make absolutely certain your invention is protected.