What Is A Trade Mark?
Registering your business name and logo as a trade mark gives your business exclusive use of the trade mark for certain classes of business activities. Trade mark registration is a key way to protect your business’s brand, image and reputation. If you don’t register a trade mark, someone may come into competition with you using a very similar name or logo and, even worse, prevent you from using yours.
When Do I Need It?
Your business’s reputation is built on the power of your business name and logo, so it’s important to protect them with a registered trade mark early on. If you’re only at the very start of your business venture, it might seem too soon to consider.
But as your business becomes established, registering a trade mark will become increasingly more important. You should keep in mind that the registration process takes at least 8 months, and sometimes longer.
How Do I Use It?
You can register trade marks with a government agency called IP Australia, for protection within Australia. IP Australia will charge a fee per trade mark and it will take at least 8 months to get an Australian trade mark registered. It’s possible to do it yourself, but it can be quite technical and confusing if you’ve never done it before, so it’s normally a good idea to get a lawyer specialising in trade marks to help you.
Trade Mark Example
|Nicola has opened a vintage clothing shop. She has designed her own unique logo using the letter “V”, that has been getting attention on social media and increasing the number of visitors to her shop. Nicola never bothered to register a trade mark, but a month after Nicola opened the shop, another vintage clothing shop opened on the same street using a similar logo with the letter “V”. The other shop then went on to register the trade mark, and has now demanded Nicola to stop using the logo she had designed. Now she’s in a difficult situation having to decide whether to spend heaps of money on legal fees to fight the demand, or to rebrand and forgo all the goodwill she has built up on social media. Nicola would have been able to avoid this situation if she thought about this earlier.|
What Are The Steps?
There are 4 main stages to trade mark registration:
- Prepare – A lawyer can consider your proposed trade mark and conduct a search of the trade mark register. The lawyer will spot any potential difficulties with registering your mark, and make suggestions regarding how to put together an application with the best prospects of success.
- Apply – Once you’ve gone through the search process and decided on a mark with good prospects of success, you’ll need to put together an application for a trade mark with the right description and the classes of goods and services. A lawyer can help you with this process too.
- Examination – IP Australia will consider your application and check if you meet all of the legislative requirements. Sometimes, a simple error such as using the wrong class or description can lead the examiner to reject your application.This is why it is important to do your homework before you apply because mistakes can end up costing you more and delay your application.
- Registration – Once your trade mark passes the examination stage, IP Australia will advertise it and make it available for opposition by third parties. This again is why it is important to do be well prepared, because a proper search will be able to determine whether your likely to face opposition before you spend all the time and money into making a futile application. If there are no opposition after 2 months, your trade mark will be automatically registered!
If you still have questions about trade marks, check out this article. It goes into a lot more detail about trade mark FAQs and the Sprintlaw trade mark registration process.
Need Help With Registering A Trade Mark?
Registering a Trade Mark can be complex and daunting, as it’s hard to know what to include and how to word it. It’s a good idea to invest in a lawyer to assist you with this process, as it’s a one-off cost that can save you from disputes and headaches in the long run – and ensure you get a good deal.
At Sprintlaw, we have a team of experienced lawyers can assist you with conducting a trade mark search and registration. Get in contact with one of our consultants for a no-obligation chat on how we can help you sort out your trade mark registration and help with any other legal issues your business may have.