Protecting your business name is crucial to establishing and maintaining your brand identity. A unique and recognizable business name can help distinguish your business from competitors, build customer loyalty, and increase your business’s value. However, without proper protection, your business name may be at risk of infringement or misuse, which can result in confusion, lost sales, and legal disputes. Here are some things you could do to protect your business name and your brand identity.
Trademark search
A trademark is a word, phrase, symbol, design or combination of these things that identify your brand, distinguishing you and your products from competitors. A trademark search is a search done before registering a trademark to make sure that your proposed trademark is original. It assures you that your business name is unique and not already in use by someone else. The best thing to do would be to consult a trademark attorney but if that’s outside your price range, you can use online search tools like TESS or Google to search for similar names and trademarks. TESS is a free online search tool that stands for Trademark Electronic Search System.
Register your trademark
Once you’ve confirmed that your business name is available, you should register it. Most countries have their own trademark registration systems and laws that govern trademarks. If you want the trademark to apply across multiple countries, you can apply for international trademark registration through the Madrid System. The Madrid System is a treaty that allows applicants to apply for trademark protection in multiple countries with a single application. Local registration will suffice though for most small businesses.
Use your business name consistently
It’s important to use your business name consistently across all of your business materials, including your website, social media profiles, business cards, and marketing materials. Consistent use can help establish your business name as a brand and make it easier for customers to recognize and remember your business keeping it safer from infringement.
Monitor for infringement
Regular monitoring can help you catch potential infringement early and take action to protect your business name. You can use online search tools and monitoring services to monitor your business name. For example, you can set up Google Alerts for your business name and get alerts whenever it’s used. Other free online tools you can use include Trademarkia and Namechk.
Take legal action if necessary
If you discover that someone is using your business name without your permission, you could consider taking legal action to protect your rights. This could include sending a cease and desist letter, filing a lawsuit, or using alternative dispute resolution methods like arbitration or mediation. It’s important to work with a qualified attorney to assess your options and determine the best course of action for your specific situation.
Use domain name protection
Registering your domain name is another way to protect your business name. It ensures that your business has control over the domain name associated with your business, which can prevent others from using it or misrepresenting your business online.
Maintain good records
Keeping thorough records of your business name registration, trademark applications, and legal correspondence can help you track the use of your business name and demonstrate ownership in case of legal disputes. This includes documenting any potential infringement, evidence of your use of the name in commerce, and any efforts you’ve taken to protect your name.
Educate employees and partners
If you have employees, consider training them on the proper use of the name, guidelines for handling potential infringement, and processes for reporting any potential infringement. Encouraging a culture of vigilance and proactive protection can help protect your business name and prevent infringement from occurring.
Check out
Tips For Naming Your Business And Mistakes To Avoid
Business Expenses To Table Until You’re Making Money
Going Into Business With Friends or Family? Here Are Things You Should Have In A Business Contract