An entrepreneur should be well-aware of the benefits of trademark registration. Here are some of the benefits of registering your business trademark:
Exclusive Rights
Owners of the registered
trademark enjoy exclusive rights over their trademark. The trademark-owner will
be able to use the trademark for all their products that fall under the classes
that apply. Furthermore, the trademark-owner will be able to enjoy sole
ownership of that trademark and will be able to stop others from any
unauthorized use of that trademark.
Builds Goodwill And Trust
The established quality of one’s
products are made known to consumers by the trademark and it established
goodwill and trust among consumers in the market. It also helps create
permanent and loyal customers who will recognize your brand through your
trademark and brand name.
Differentiates Products
Trademark makes it easy for the
consumers to find your products. It also makes the product and the identity of
your product different from the foreseen as well as existing competitors and it
acts as an efficient commercial tool and give your business a competitive
advantage, suggests trademark
lawyer Delhi. The logo and trademark communicate your vision, and unique
characteristics of your brand and product.
Creation Of Asset
Trademark registration, suggests
the corporate
lawyers in Delhi, creates intangible asset, also known as intellectual
property for your company. Registered trademark is an intellectual right that
can sold, franchised, assigned, and even commercially contracted to other
people or other companies. Also, trademark serves as an intangible asset that
provides competitive advantage to the company.
