Question: How much does it cost to secure a business name?

What Does Trademarking a Name Cost? Filing a trademark for your business name with the U.S. Patent and Trademark Office (USPTO) will cost between $225 and $600, plus legal fees. You can register with most states for $50-$150 if you don’t want protection outside your state.

How do you secure a small business name?

Your brand is your business’s identity, so it’s important to secure it. 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).

How much does it cost to name a business?

From basic business naming to more complex corporate brand name development, the fees can range from $7,500 to $75,000 or more, and require anywhere from a few weeks to several months to complete.

Is it worth trademarking a business name?

Securing a registered trademark protects your brand, and provides you with the tools to prevent someone using similar signs and riding off the back of your business. If you do not protect your trademark by registering it, then you may find you are legally prevented from expanding your business.

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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 United States from using your trademarked names.

How can I legally protect my business?

Protect your most important assets

  1. Establish employment agreements. Ensure that your employees are forbidden from revealing any restricted records, formulas, or intellectual property.
  2. Apply for trademarks, patents & copyrights. …
  3. Secure your information. …
  4. Sign confidentiality agreements. …
  5. Incorporate your business.

What comes first LLC or trademark?

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.

What happens if someone trademarks your business name?

If the other business has a trademark, the current owner can infringe upon this legal protection by using the same company name. … If there is a trademark in place for his or her company and someone else created a new entity with the same name, this owner can pursue a legal claim and contact a lawyer for a legal remedy.

How long does trademark last?

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.

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How do you secure a brand name?

What’s one thing you’ve done to protect your brand legally that you think all founders should do?

  1. Protect Your Web Content. …
  2. Set up Google Alerts. …
  3. Use IP Protection. …
  4. Create a Distinctive Mark. …
  5. Register Your Trademark. …
  6. Get a Patent. …
  7. Create an Employee Handbook. …
  8. Trademark Your Brand.

How do I copyright a name for free?

You can not register a trademark for free. However, you can establish something known as a “common law trademark” for free, simply by opening for business. The benefit of relying on common law trademark rights is that it’s free, and you don’t need to do any specific work filling out forms, etc.

How do you keep a brand name?

10 tips for effective brand names

  1. START WITH THE END IN MIND. As with all marketing, a clear brief is critical to success. …
  2. THINK BIG FROM THE START. …
  3. BUILD ON BRAND TRUTH. …
  4. PLAY AROUND WITH WORDS. …
  5. ADD SOME PERSONALITY. …
  6. USE ‘PARALLEL PROCESSING’ …
  7. LESS IS MORE. …
  8. THINK PROTECTION BEFORE YOU GO TOO FAR.