How Much to Trademark a Business Name
Have you already named a company? If yes, perhaps you already know the process of this task. Naming a business or company name is not easy.
Aside from the cost itself, you still have to remember some factors you need to consider when naming a business. Read on to know how much to trademark a business name.
The Size of the Project
Before you can have a trademark for the name of the business, it is important that you have to determine the entire size of the project it can be international firm, regional company or sole proprietor. The number of decision makers is also considered, it can be just single person, marketing teams or whole management. Do you just want the entire brand identity or name? Some of the example here are corporate or business logo, tag line creation and name
The cost for naming a company also depends on the scope as well as the size of the corporation as well as the involved for decision making or the additional services required. In simple naming to complex name of brand development, the fees normally range from 5,000 to 75,000 dollars or it can be higher, which depends on the status of the company.
The Importance of Trademark Name
- Protection of the distinctiveness of your company or brand name
- Prohibits outsiders that may copy your name
- Increase the value of your company