In 2010, 340 of every 100,000 adults launched a business each month. If you’re a new small business owner and you want to eliminate the chance of having to deal with any future costly trademark disputes, it’s highly recommended that you take the time to file an application and register your trademark with the United States Patent and Trademark Office (USPTO).
The presence of trademark trolls in the world of business has been steadily increasing over the past few years. According to a recent survey, the number of trademark troll cases in the U.S. increased from 1,401 cases in 2005 to 5,842 cases in 2011. In addition, the aggregate costs incurred to the U.S. economy by trademark trolls had been estimated to be over $29 billion in 2011.
Registering a trademark isn’t as simple as filling out an application and paying your fees. Just ask Jeremy Lin (of “Linsanity” fame), Donald Trump and Harley Davidson – all of whom have faced challenges securing their desired trademarks. The following infographic details on their specific cases and for even more pop culture trademark blunders.
Are you actively protecting your brand with a federal trademark registration? Obtaining a federal trademark on your business or brand name is serious business. Many try to register these on their own and often fail (been there, done that). The following infographic from GerbenLaw is a guide for successfully navigating through the process of registering a trademark with the U.S. Patent and Trademark Office.