Trademark - Importance Advantages and Disadvantages

The trademark can distinguish one person's goods or services from other goods or services, including the shape, packaging, and color combination of the goods. But, what are Trademark - Importance, Advantages and Disadvantages. Importance of TM 1. Valuable Assets Registered trademarks can prove to be valuable assets of your company/enterprise. Over time, the value of these assets has increased. As your business grows over time, the value of the brand will automatically expand. Therefore, as your business grows, so will your brand value. 2. Protect your brand A registered trademark establishes ownership of a brand, name, or logo. It can protect your brand from unauthorized use by third parties. The registered trademark proves that the product belongs to you completely and that you have the exclusive right to use, sell and modify the trademark or goods in any way. 3. Give brand uniqueness A unique and distinctive brand must be registered becaus...