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What is a trademark in Canada?

What is a trademark in Canada?

A trademark is a combination of letters, words, sounds or designs that distinguishes one company’s goods or services from those of others in the marketplace. A trademark is unique. See A Guide to Trademarks for information on how to register, key facts and other important information.

Why do I need a trademark?

Trademarking is an important step for protecting your brand identity. It will stop competitors from poaching your customers by imitating your brand. It can also offer you some protection if those copycats do something reputation-damaging.

Can you make money off a trademark?

Once protected with a trademark, they become individual assets of your business that can be sold or leased, just like real estate. As you build, think of each aspect of your business as a micro-business that you’ll one day be able to be monetize on it’s own.

What’s the point of trademarking a name?

A trademark prevents anyone else from selling similar goods and services within the United States under that business name. The primary purpose of trademarks is to prevent confusion in the marketplace, so the protection applies to only a particular category of goods and services.

How much does it cost to trademark a 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.

Trademark Application Process:

  1. Complete a trademark search.
  2. Secure your rights.
  3. Submit an initial application at uspto.gov on the Trademark Electronic Application System or TEAS.
  4. Fill out the TEAS form for an initial application. Be sure to upload the file of your logo.
  5. Submit an “intent-to-use” form.
  6. Pay the fees.

Is Nike a trademark?

The infamous logo became a federally registered trademark in the United States in 1974 and remains one of the most recognizable brand logos of all time. By 1980, Nike dominated the athletic footwear market in the United States.

Do I need to trademark my business name Canada?

Did you know? Even if your company name or your business name is registered federally (Corporations Canada), provincially or territorially, it is recommended to also obtain trademark registration to better protect your brand.

Can I trademark a name without a business?

There’s no legal requirement for you to register a trademark. Using a business name can give you ‘common law’ rights, even without formally registering it. However, as expected, trademark law is quite complex.

How do you check a trademark?

Checking with the USPTO Check the US Patent and Trademark Office Resources’s online database. Visit the USPTO’s Public Search Facility. Search a nearby Patent and Trademark Depository Library. Check the status of any mark found in the Trademark Status and Document Retrieval database.

What does it mean to have a trademark?

What is a Trademark. A trademark is a form of intellectual property, which appears in the form of some recognizable design, phrase, or expression that serves to identify products or services produced by one source, over those produced by another.

What exactly is a trademark?

A trademark is the legal term for what is commonly known as a brand. It is a word, phrase, symbol or design (or any combination of these) that identifies and distinguishes the source of the goods of one party from those of others.

What does trademark stand for?

TM stands for trademark. A trademark is a mark that represents goods, like clothing or sunglasses. SM stands for service mark. Service marks are marks that represent services. So for example, I’m Gerben Law Firm.