Trade marks...All you need to know.
Your Trademark is Valuable- Protect it now.
Your trademark is valuable and becomes more valuable over
time the more you use it. Some trademarks go on to be worth millions.
The value of your names and brands can only be "locked
in" by actually protecting them by trademark registration.
Domain name and company name registration not enough.
Legal
exclusivity is only obtained by trade mark registration. If
you do not protect you trade marks someone else will. Act
now or you will lose the opportunity to capitalise on the
power of your own name.
Your
name may already belong to someone else without you knowing
it. They may have registered it already and you may be building
up goodwill in a name you do not even own. The value of your
brand can be hijacked in this way if you have not protected
it and someone else decides to register it first.
Trademark
Registration
If you are using a name in business you can
only properly to protect it by registering it as a trademark. This
will give you the exclusive right to use the name and to stop
others from using it for similar business. If they do you will
be able to stop them by legal proceedings and they will be
liable to pay you damages by way of compensation. Trademark registration
is different from company name registration at Companies House
or domain name registration. Neither of these secure the exclusive
right to use the name.
Infringement
You also need to make sure that you do not use a brand name
that has been registered as a trademark by someone else. If
you do, you can be sued in court for damages and may be required
to pay compensation.
Many new businesses or new products are launched onto the
market without carrying out any trademark checks often with disastrous
consequences. The last thing you want after you have spent
your launch costs is to be faced with a court order to stop
using the name, deliver up all of your infringing product
and have to bear all the costs of a re-brand.
Whatever you trademark question or concern please contact us for a
free legal consultation
and we will be pleased to provide you with some free guidance.
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