How much is a business name worth? It could be worth millions of dollars. And, if you’re a performer who is in the public eye then you should seriously consider trademarking your name as soon as possible. That’s because you want to secure the rights to your name before anyone else does.
For most artists and musicians trademarking their name is one of the smartest business strategies they can follow.
For example, it’s an obvious choice if your band has been performing for awhile – even if nothing has ever been published.
Unfortunately, many musicians and singers don’t think it’s necessary to trademark their names so they don’t take the time or make the effort to adequately protect themselves.
That’s very unfortunate because one of the basic assets of any successful business is their trademark. That’s because your trademark will set you and your company apart trademark a name from any and all of your competitors. Trademarks will protect all of your intellectual property. And a trademark will also secure your company’s identity.
When you trademark your name you will be taking care of one of the basic requirements of business life.
It can be expensive to establish a legitimate trademark, but it is well worth the investment. If you really believe that your name is unique and you have plans to brand your name then it will probably be in your best interest to hire a firm that’s experienced in trademarking in order to facilitate the process. Also, because it can be rather complicated and very time consuming you will want to make sure that everything is done correctly.
To get a feel for everything that is involved in the trademark process you can take a look at the United States Patent and Trademark Office website on the Internet at uspto.gov. When you go there you’ll see how long and complicated the process can be.
To begin with, even before you start the application process you will have to invest the time into figuring out the type of intellectual property protection that you will need. Do you actually need a trademark or do you really need a patent or copyright protection? Imagine spending months and months filling out the paperwork only to find out that you’ve applied for the wrong thing.
If you do want to do it yourself and if you have ascertained that what you need is a trademark then you can watch some instructional videos that will show you the basic things you need to do and also give you the timeframe within which they have to be done.
And that’s only the beginning.
There are other ways to take care of the process much more quickly and easily – ways that will guarantee that you are doing everything correctly.