A trademark is a type of intellectual property. It’s a word, name, symbol, or device that differentiates the owner’s goods and services from those of other companies. Examples of well-known trademarks include the Nike “swoosh” symbol and the McDonald’s golden arches.
Related: Trademark Registration: Name Or Logo?
Now, you may be wondering whether you need to register your trademark. You’re not required to register your trademark with the U.S. Patent and Trademark Office (USPTO) in order to use it. And in fact, trademark rights arise from use in commerce, not registration. But it’s almost always a good idea to register as a way to deter others from unauthorized use of your trademark and, failing that, to enforce your rights.
Deter Others From Using Your Trademark
Imagine for a moment that your name is Mike and that you want to open a theme-park. The crown jewel of your park will be a gold-painted roller coaster in the shape of an “M”—an homage to the first initial of your name. If you haven’t realized this by now, you’re a bit of a narcissist and so naturally you decide your logo should be a golden “M.”
Well, you may be a narcissist and you may never have been to McDonald’s, but you’re still a cautious businessman. So before you start buying up billboards you decide to look into whether someone else is already using your logo. It doesn’t take long for you to realize that you’ll need to go back to the drawing board, unless you want to be sued into oblivion by McDonald’s.
This silly example illustrates a serious point: trademarks that are registered with the USPTO are a strong deterrent to would-be infringers. Having a registered mark signals to others that you own the mark and have the exclusive right to use it in all 50 states in connection with the goods or services covered by your registration. In the face of this, most reasonable businesspersons will opt to use a different mark to represent their business.