Question: What Is The Purpose Of A Trade Name?

How long does a trade name last?

How long does a trademark last in the US.

In the United States, a federal trademark can potentially last forever, but it has to be renewed every ten years.

If the mark is still being used between the 5th and the 6th year after it was registered, then the registration can be renewed..

How do I protect my new business name?

Protect Your Brand Name in 5 StepsRegister your domain name. Domain names are an important part of any business brand today. … Trademark your business name and logo. … Use your brand. … Monitor your brand. … Deal with infringement immediately.

How do you protect a trade name?

Trademark Your Business Name The most effective way to protect a business name is to register it as a trade mark. A trade mark gives you exclusive legal rights to use your business name in relation to your goods or services or closely related goods and services.

What is meant by trade name?

A trade name is the official name under which an individual as a sole proprietor or a company chooses to do business. A trade name is commonly known as a doing business as (DBA) name.

How can I protect my ideas legally?

The five essential legal tools for protecting ideas are patents, trademarks, copyrights, trade dress unfair competition laws, and trade secrets. Some of these legal tools can also be used creatively as marketing aids, and often more than one form of protection is available for a single design or innovation.

Is a trade name intellectual property?

You cannot legally run a business in a state without registering it, but you don’t have to register a trademark. These rights protect the intellectual property, but less extensively than a registered trademark does. …

What is the difference between a business name and a trade name?

The business name is the legal name of the entity. Owners often register a trade name under which to operate their business. … For example, John Smith owns a small business with a trade name (or DBA – “doing business as”) Smith’s Accounting Services.

Trading names are not protected by law When you register a company name at Companies House, it is protected by law so no other business can use it.

Can two businesses have the same name?

Because business names are registered on a state-by-state basis, the fact that a company in another state has the same name as yours is usually not a cause for concern. However, you are right in that there could be intellectual property issues (namely, trademark) when two companies have the same name.

What happens if someone trademarks your business name?

If someone uses your name, simply showing proof that you’ve trademarked the name could be enough to convince a business to choose something else. Most importantly, if you must go to court, you’ll have legal proof that you registered the name. However, you don’t have to trademark your business name to protect it.

What is an example of a trade name?

A trade name is generally considered the name a business uses for advertising and sales purposes. A trade name is sometimes referred to as a “fictitious” or “doing business as (DBA)” title. For example, “McDonald’s” may be the trade name, but the legal name is “McDonald’s Corporation.” A trademark is a brand name.

Go to the U.S. Copyright Office website. Select “Electronic Copyright Registration” to fill in the Form VA online for registration of a work of Visual Arts. Name the creator of the logo and include contact information for the owner. Many logos are works for hire.

How much is a trade name?

When filing an application to trademark your business name on a federal level through the USPTO, you should count on paying between $225 and $600. According to the USPTO website, the trademark fees you’ll pay depend on: The number of trademarks you seek. The class of goods and services you intend to trademark.

What are examples of trading business?

Trading businesses, also known as merchandising businesses, are those that sell tangible merchandise. That means you can purchase goods such as socks, potato chips, or books and magazines from these vendors.

Can I use a trading name?

A business wishing to trade as a UK company must be registered at Companies House. … A company may only have one registered name, but can have multiple trading names, as required.