Question: How Do I Protect My Business Name And Logo?

How do I protect my assets when starting a business?

8 Things You Must Do to Protect Your AssetsChoose the right business entity.

Maintain your corporate veil.

Use proper contracts and procedures.

Purchase appropriate business insurance.

Obtain umbrella insurance.

Place certain assets in your spouse’s name.

Consider the homestead exemption.

Look into tenancy by the entirety..

Can someone else use my LLC name?

If someone else is already using your business name but they are formed in a different state, you may be able to use their name in your state if the name is not trademarked. … If you find that someone else is using the name, check whether they have trademarked it.

Should I get a trademark or LLC first?

In many cases, a business will want to start the trademark application as soon as their LLC or corporation paperwork is filed. By filing for a trademark prior to launch, you can be sure that your name is protected once you begin commercial sales. However, there may be an even stronger reason to apply early.

Why should I trademark my name?

The answer is that a registered trademark gives you the exclusive right to use your business name nationwide in connection with the goods and services you’ve identified in your registration, and allows you to enforce your trademark by filing a lawsuit in federal court.

What is the difference between trademark and logo?

A trademark protects a slogan, phrase, word, company name, logo, or design that identifies a company and/or its goods. A logo is a symbol or design used by a company that may fall under trademark protection laws. Many businesses choose to apply for trademark protection on their logos.

How do I protect my business name from being used?

Trademark. A trademark can protect the name of your business, goods, and services at a national level. Trademarks prevent others in the same (or similar) industry in the U.S. from using your trademarked names.

How do you protect yourself as a business owner?

How to protect yourself and your small businessDecide on a business entity. Mixing business and personal funds is always a bad idea. … Decide on the proper form for your personal assets. … Monitor your credit. … Have separate entities for each business. … Check on property and liability coverage. … Maintain professional liability insurance. … Have business interruption insurance.

How do I make sure nobody steals my business name?

To be sure no one improperly uses your business’s name or branding, you need to obtain a trademark. To do so, you’ll need to file an application with the United States Patent and Trademark Office (USPTO). Filing an application does not automatically mean your trademark will be approved.

Can you trademark a logo with a font?

Finally, a font name can be trademarked—for example, the name of the commonly used typeface “Palatino” is a registered trademark. A trademark protects what a typeface is called, a copyright protects how a font program is written, and a design patent protects letter design—how the letters appear.

To register a trademark, go to the U.S. Patent and Trademark Office’s Web site, www.uspto.gov. Don’t add a domain extension to your trademark to prevent others from registering the same name by adding another extension.

Does an LLC protect my business name?

Once your LLC or corporation application is approved, your name is protected in the state: No other business will be able to form an LLC or corporation with the same name in that state. However, there’s nothing to stop a business that operates as a sole proprietorship or partnership from using your name in the state.

Can I protect my company name as a sole trader?

Registerings as a sole trader does not register or protect your business name but it can be protected using other methods. … This makes sure that the name is reserved on the Companies House register and that no-one else can register the same name.

If you are using your business name as your trademark, you can also register your business name as a trademark. Registering your trademark will give you exclusive rights to it in Canada for at least 15 years (you can renew it indefinitely as long as it is still being used).

How can I protect my small business?

All businesses should obtain appropriate liability insurance and take steps to protect their computer systems from attack.Watch What You Say and Do. The image of your business is critical. … Hire a Competent Attorney. … Separate Yourself from Your Business. … Insure Yourself. … Protect Your Files.

Which One Should I Trademark? It depends. Higher value tends to lie in name recognition rather than familiarity of a logo. Since logos change more often than names, it usually makes more sense to register a standard character mark to protect the business moniker itself.

How do I protect my business?

Ensure the foundation of your business is secure by following these steps:Establish employment agreements. … Apply for trademarks, patents & copyrights. … Secure your information. … Sign confidentiality agreements. … Incorporate your business.

By common law, a logo is trademarked as soon as it’s used in commerce. But, according to LegalZoom, this may only protect you in your immediate locale. State registration will provide additional protection, and it’s relatively simple and inexpensive. Federal logo trademark registration is a bit more of a process.

While copyright protects your work authorship, a trademark protect all the details so no one else can use it. Trademark protects details like: mark, name, font, colors. If you want to protect your brand identity you have to register a trademark for your company name, logos, and slogans.