Your company name can develop to become one of the most precious assets, through promotion and the development of a relationship between the general public and your brand. This is why it is important to protect your name from misappropriation. When you start a company you might naturally know about the requirement to clean the company name with company’s house.
Differences between Company Titles, Domain names, and Trade Marks
Registration of your company name and your domain name do not provide the level of protection required to prevent other companies from using your brand names and logos in connection with competing goods or services. Additionally if someone else has trade mark rights within the name, then your company or domain registrations can be cancelled. To properly protect your brand it is essential to look for the trade mark registers, and if the title is available to you to enrol, then employ to secure a trade mark.
Unregistered Trade Marks and Passing Off
This action arises from the common law, and its achievement entails proof of harm to your reputation, and confusion by members of the general public, among other things. This sort of legal action can be extremely costly, and is hard to establish.
It is important therefore to register a signature, and to do this before you start to use a name for your company. As part of this procedure you may discover whether someone else has rights within a similar title, enabling you to make a change if needed, as opposed to trading with a name which you cannot own, and you may later be prevented from using.
If the Brandlance review website is available, then it is a good idea to register and thereby secure the essential ownership rights straight away. If you rather delay enrolment, waiting to see whether your venture succeeds, you might end up not able to secure. This could happen if somebody else, in the meantime, registers a signature that prevents your registration achievement.
Protecting the Goodwill on your Brand
So, trademarks are an Investment in the future success of your company. The more established and well known your brand becomes, the more likely others are to piggy back on your brand success. Goodwill in your company name is built up through considerable investment and promotion, and to avoid wasting this investment it is vital that you verify the availability of the signature ahead.
A proactive strategy for safeguarding your brand will save company funds in the long term, offering a powerful tool to dissuade imitators and counterfeiters, and to take action to enforce your rights when necessary.