As a business owner, you understand how important it is for you to protect your rights and intellectual property. The framework of the law provides you with various ways to protect your rights, such as trademarks, copyrights, and patents. It is important for all business owners to take the time to fully understand the differences between these three protections before heading into business.
Trademarks protect your rights associated with the use of a customized symbol or logo. They can also protect your use of a slogan or tagline. It essentially protects other companies or individuals from using the same logo or slogan or from using a very similar logo, slogan, or design. This is essential for brand recognition.
A patent protects your rights associated with an invention. There is a special patent application process per invention, so take the time to finish the approval process before setting up a whole business around it. The patent can help ensure your financial investment to research and development is protected.
A copyright protects creative efforts, and it can prevent others from copying books, articles, music or jingles, and various other creative work you have invested in.
Businesses can spend a tremendous amount of time and money investing in everything from logo designs to slogan taglines, and it can be a tremendous loss to a company when other companies or individuals infringe of these various types of creative or inventive works. Business owners and managers should take time to learn more about these different types of protection to avoid losing business to copycats. The United States Patent and Trademark Office can be contacted for more information about the application process for these different protections.