Why trademark registration is essential process?
Trademark registration is considering as the legal process to register the business name. Trademark comes in many categories. It can be a word, Name, Symbol, Logo, Device, Numerals and combination of all these elements. Benefits of trademark registration following the essential characteristics of Exclusive right of usage, Stamping the good will and trust, distinguish your service, legal protection from the infringement, Use it as long as your own business asset. Let’s have the terms for all these characteristics.
Right of exclusiveness:
The proprietor of the trademark shall easily use this name for all his business operation without any legal objection. Once the name is registered with the peculiar registration symbol it can be used for other business of the business owner.
Trust and Goodwill:
Trust and quality on the business is first of all mentioning on the brand name. Holding the loyal customers is the best element for the real success of the business. Frequent customer need creation is the primary function of good brand name.
Distinguish the business:
There are so many competitors are available in the business market. Brand name registration is the sole safeguard to protect the business name and showing it with high reputation is distinguished and best thing of the business progression.
Legal protection:
As a registered person the trademark proprietor only has the fulfilled rights on the trademark. If any other persons are not allowed to enjoy the right on the registered mark. Legal actions are non-prohibiting one for such actions.
Business asset:
Trademark is considering as one of the Intellectual Property Rights of the business organization. It can be protective one not only in India but also the global level and it comes with 10 years of protection in secure way.