Find us elsewhere

Home > Step-by-Step Advice > 10 Steps to Open for Business > Create Key Business Assets

10 Steps to Open for Business

Step 5: Create Key Business Assets

Pages:
AddThis Social Bookmark Button

Trademarks

A trademark is one of the most important business assets you’ll ever own. It’s your brand name, your logo, or any other symbol that distinguishes your company or your company’s goods from those of another manufacturer. By registering your trademark you go on record as the official owner of the mark, which gives you a significant leg up in court should a dispute over your right to use the mark ever arise. This comes in handy, for example, if you discover that another person or company is hurting your business reputation or causing confusion by using your mark to sell similar or cheaper-quality goods.

An owner of an unregistered mark may indicate ownership of a mark with the symbol “TM” for a trademark, or “SM” for a service mark.

In general, generic marks do not receive trademark protection because they are so general. On the other hand, owners of a registered mark are entitled to use the registration symbol ® in connection with their mark.

Resource

BizFilings' Trademark Explorer™ is a comprehensive screening tool that saves you time and legal fees by identifying terms and logos that are already trademarked.

You can earn more about how to file a trademark at the U.S. Patents and Trademarks website.

Copyrights

It’s not uncommon for people to confuse copyrights with trademarks. Whereas trademarks are used to protect intellectual property such as company names, brands, logos and symbols, a copyright grants you exclusive legal rights to your creative work, which can include anything from literary or website content to musical or artistic compositions. In order to receive copyright protection for your work, your creation must be expressed in a tangible form such as a piece of writing or a recording. Once granted, a copyright prevents others from copying, performing or using your work without your permission.

Resource

Learn more about how to file a copyright.

Pages: » Continued

Comments

This article was a good overview of some of the startup issues first encountered.  From my experience with my clients with their startup ideas, they first want to protect the idea, so we typically conduct a patent search and then file the patent application.  Then they want to protect the name of the product or service, so we conduct a trademark search and then file the trademark application.  Then we normally file and form the corporation or LLC and draft any agreements betw...

I think far too many people ingore this step even though its really one of the easiest steps. Getting a patent for a product should be the first thing you do after you create it. It`s really not hard to file for a federal patent here in the USA.

Tawnya, There are some opinions from "search engine experts" that say that hyphens in your domain name make your site look like spam. I think once you have had your site for awhile, Google and other search engines realize you aren`t spam because of other factors like relevant links to your website and the relevant content you have built up on your website. I think in trying to get results in search engines you have to think common sense. Google changes and develops their search algorithm for ...

Advertisement