Monday, October 12, 2020

Know How a Trademark Can Save Your Company

Your business is represented by a trademark. You can even trademark a brand name, logo, symbol, and even a sound that refers to your business.

You gain legal rights to your Company's name when you acquire a business license from the state of your trade-in. Unless it is allowed to use no other person or company can use your business name.



But, your China trademark registration will not be protected if you want to expand your business and you start trading in other states as well. In such cases, you need to register your trademark which will ensure protection as well as authenticity to your brand. If you register your trademark then it will help prevent problems like doing business in states with companies that are operating under the same trademark.

Several advantages of registering your trademark:

Communication: You can make communicate your ideology with your consumer base easier just by a trademark. In selling and marketing your products certain designs or words in your logo may prove to be effective. 

Availability: To customers in recognizing a particular company a trademark provide great help. In a competitive world, it is difficult to stand out when several others are offering the same service or selling the same good as you are. In such cases, the trademark comes to your rescue. The attention of the customer is captured by them and it makes them less likely to shift to another brand. 

Recognition: A unique registered trademark helps the portal to filter results and display your name on the top when a customer looks for your products on the online portal. When there is higher traffic for your products, the filtered results which display your name on the customer's screens happen only which translates into higher rankings thus fetching in more customers and more brand recognition with Taiwan trademark registration.



Valuable Asset: The value of the trademark appreciates subsequently with time and the pace at which your business grows. There will come a time when a trademark as an asset grows to such a level that it surpasses the overall value of the company. While procuring loans it can then be sold, provided on a lease, or used as security.


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